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Current liabilities are obligations that a company expects to settle within its normal operating cycle or within one year from the reporting date, whichever is longer. Unpaid matured debentures/deposits refers to debentures or deposits that have reached their maturity date but have not yet been paid by the company. When debentures or deposits mature, the company is obligated to repay the principal amount to the debenture or deposit holders. If these obligations are not settled within the current operating cycle or one year, they are classified as current liabilities on the company's balance sheet. Therefore, unpaid matured debentures/deposits would be classified as a current liability because they represent obligations that are expected to be settled in the short term, typically within one year.
The Reserve Bank of India (RBI) has raised the upper limit of an offline payment transaction to ________ from the existing Rs 200 to promote the use of ...
Which of the following is/are included in the capital budget of the Government of India?
1. Expenditure on acquisition of assets like roads, buil...
What is the Capital to Risk Weighted Assets Ratio (CRAR) of scheduled commercial banks (SCBs) as of end March 2024 according to the latest Financial St...
The National Electronic Funds Transfer (NEFT) system processed a record high number of transactions in a day on February 29 this year. How many transac...
Non-Banking Financial Companies (NBFC) are classified into _________ categories.
Which of the following appears under the heading 'Reserves & Surplus' in the balance sheet?
Which of the following best describes the composite criteria of movement of an enterprise from one category to another under MSMEs ?
Which among the following correctly calculates Conversion Cost?
Who can enforce the execution of a trust under the Indian Trusts Act, 1882?
The size of the order for which both ordering and carrying cost are at minimum is known as:
