Which of the following are not current liabilities?
Bank overdraft.
Redeemable debentures.
Accounts payable.
Provision for doubtful debts.
A
Redeemable debentures.
B
Bank overdraft.
C
Accounts payable.
D
Provision for doubtful debts.
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Solution
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Debentures issued by the company represents a long term debt which carries a charge of interest. Redeemable debentures are not current liabilities.
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