While preparing the Balance Sheet of a Company which item is shown under the head ‘Long term Borrowings’?

Question

KollegeApply · Accepted Answer

6% Debentures Explanation: 6% Debentures are a form of long-term debt raised by the company and are typically repayable after more than 12 months. Therefore, they are shown under: Non-Current Liabilities → Long-term Borrowings

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