In accounting presentation, creditors are to be broken down into 'amounts falling due within one year' or 'amounts falling due after more than one year'...
The financial statements presentation is this:
- Long-term liabilities
- 'Long-term creditors'
- Current liabilities
- 'Current creditors'
Read more about this topic: Creditor
Famous quotes containing the word accounting:
“I, who am king of the matter I treat, and who owe an accounting for it to no one, do not for all that believe myself in all I write. I often hazard sallies of my mind which I mistrust.”
—Michel de Montaigne (15331592)