← Back to context Comment by grog454 3 days ago Wouldn't the principle be a current liability, and the interest the future liability? 2 comments grog454 Reply danielmarkbruce 3 days ago No. grog454 2 days 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 3 days ago No. grog454 2 days 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 2 days 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.
No.
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.