top | item 46536242 (no title) grog454 | 1 month ago Wouldn't the principle be a current liability, and the interest the future liability? discuss order hn newest danielmarkbruce|1 month ago No. grog454|1 month ago For those hoping for more elaboration (including myself):1. Only the portion of the principal that is due to be paid within the next 12 months is considered a "current liability".2. Interest is a "future cash flow" that becomes a liability as it accrues over time.
danielmarkbruce|1 month ago No. grog454|1 month ago For those hoping for more elaboration (including myself):1. Only the portion of the principal that is due to be paid within the next 12 months is considered a "current liability".2. Interest is a "future cash flow" that becomes a liability as it accrues over time.
grog454|1 month ago For those hoping for more elaboration (including myself):1. Only the portion of the principal that is due to be paid within the next 12 months is considered a "current liability".2. Interest is a "future cash flow" that becomes a liability as it accrues over time.
danielmarkbruce|1 month ago
grog454|1 month ago
1. Only the portion of the principal that is due to be paid within the next 12 months is considered a "current liability".
2. Interest is a "future cash flow" that becomes a liability as it accrues over time.