{"id":626,"date":"2021-04-27T07:09:53","date_gmt":"2021-04-27T07:09:53","guid":{"rendered":"https:\/\/enorcerna.com\/wiki\/what-is\/non-current-liabilities\/"},"modified":"2021-04-27T07:09:53","modified_gmt":"2021-04-27T07:09:53","slug":"non-current-liabilities","status":"publish","type":"post","link":"https:\/\/enorcerna.com\/wiki\/what-is\/non-current-liabilities\/","title":{"rendered":"Non-current liabilities"},"content":{"rendered":"
\n

What is non-current liabilities?<\/h2>\n

Non-current liabilities, also known as non-current liabilities or fixed liabilities, are those liabilities that a company must pay within a period of time greater than one year<\/strong>.<\/p>\n

Thus, it is part of the company's balance sheet, along with assets (current and non-current) and current liabilities.<\/p>\n

What differentiates current liabilities from non-current liabilities is the term you have to pay the debt. Non-current liabilities will be those commitments generated within the normal operating cycle and maturing outside the accounting year, which has a duration of one year.<\/p>\n

Classification of non-current liabilities<\/h2>\n

A non-current liability is made up of the following accounts:<\/p>\n

    \n
  • Providers<\/strong>: account that represents the value of merchandise purchases that the company makes on credit. The registered balance is creditor and is a long-term debt that the company has the obligation to pay.<\/li>\n
  • Various creditors<\/strong>: it constitutes the amount of debts that the company has for a concept other than the purchase of goods or contracting of services of its main activity, and that must be paid in the next accounting year (period greater than one year).<\/li>\n
  • Long-term deferred liabilities<\/strong>: are those obligations that a company has for income received in advance, to provide a service or make a sale in the future, and that must be canceled in a period greater than one year.<\/li>\n
  • Long-term provisions<\/strong>: they consist of establishing and maintaining, for a period greater than one year, an amount of resources such as expenses, to be prepared in case the payment of an obligation that the company has already contracted previously occurs<\/li>\n
  • Long-term debt<\/strong>: is that obligation, generated by a loan or a credit granted by a financial institution to the company, which must be paid in the next accounting years.<\/li>\n<\/ul>\n\n\n\n\n\n
    Bibliography:<\/th>\n<\/tr>\n<\/thead>\n
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      \n
    • Newton, Enrique Fowler. Basic accounting<\/em>. Argentina: Editorial La Ley. 2019, 6th Edition.<\/li>\n
    • Non-current liabilities<\/em>. Recovered from economipedia.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n\n\n
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      What is non-current liabilities? Non-current liabilities, also known as non-current liabilities or…<\/p>\n","protected":false},"author":1,"featured_media":627,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-626","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-is"],"_links":{"self":[{"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/posts\/626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/comments?post=626"}],"version-history":[{"count":0,"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/posts\/626\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/media\/627"}],"wp:attachment":[{"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/media?parent=626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/categories?post=626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enorcerna.com\/wiki\/wp-json\/wp\/v2\/tags?post=626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}