أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
True
False - Statement! - It should fall under long term liability which is also a sequential of Payable.
Accounts Payable always a current liability as it is related to short term (6 months to one Year).Any liability arising after two years will be classified as Long term Liability as required by IFRS(IAS) by accounting standardards