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    Question

    Which of the following is an example of “Non-current

    liabilities”?
    A Loan payable within 6 months Correct Answer Incorrect Answer
    B Loan payable within 1 year Correct Answer Incorrect Answer
    C Monthly bills Correct Answer Incorrect Answer
    D Debentures Correct Answer Incorrect Answer

    Solution

    liabilities of more than 1 year are known as non-current liabilities.

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