Short-Term Debt
Borrowing that must be repaid within one year.
It sits in current liabilities alongside payables because the cash to settle it has to be available inside the same year.
Taught in
See also
3.7.A.3.i
Borrowing that must be repaid within one year.
It sits in current liabilities alongside payables because the cash to settle it has to be available inside the same year.
3.7.A.3.i