Accountıng I Deneme Sınavı Sorusu #1176289
Which of the following is TRUE about non-current liabilities?
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Financing current assets with non-current liabilities is more advantegous. |
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Non-current liabilities are the liabilities that their maturity dates are within one year. |
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Companies use their non-current liabilities for financing only non-current assets. |
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Non-current liabilities explain the measure of how quickly and easily an account can be converted into cash. |
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Non-current liabilities report the changes in the capital throughout the period caused by the owner’s net profit or loss. |
Liabilities are the existing debts of the company. Non-current liabilities are the liabilities that their maturity dates are over one year or the operating cycle. Companies use their non-current liabilities for financing non-current assets as well as current assets. Financing current assets with non-current liabilities creates an advantage for the company rather than using current liabilities. Company can use the assets financed by non-current liabilities and earn more profit till the maturity date rather than using current liability
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