Logo
Select Quick Pages:
Home
About
Contact Us
Disclaimer
Privacy policies
Terms and conditions

Share premium, share forfeited, profit and loss account, balance of profit are the examples of_______

  • Share premium, share forfeited, profit and loss account, balance of profit are the examples of permanent liabilities.
  • Permanent liabilities is also called as Non-current liability.
  • A non-current account means either a non-current asset (fixed asset) or a non-current liability (long-term liability).
  • Non-Current Liabilities refer to those liabilities which are expected to be settled after 12 months from the date of Balance Sheet or after Operating Cycle which ever is latter.