payables that require payments at a future determinable date are subject to present value techniques except which of the following specifically excluded types? Security deposits or progress payments under construction contracts Short-term debt refinanced in the current year on a long-term basis Regular accounts

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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All payables that require payments at a future determinable date are subject to present value techniques except which of the following specifically excluded types?

Security deposits or progress payments under construction contracts

Short-term debt refinanced in the current year on a long-term basis

Regular accounts payable due after one year

Bond interest and principal payments due after one year

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the net present value technically used for calculating the time value of money and this is considered to important because if the payment that is to be made on the future date then it is important to calculate their value at the present scenario but taking that is counting after when this is considered to an important and should be done accordingly.

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