N.Y. Comp. Codes R. & Regs. tit. 10 § 441.79
Current through Register Vol. 46, No. 53, December 31, 2024
A short-term debt, regardless of its source, including any liability accrued and deferred and unearned revenue that is to be paid out of current assets or is to be transferred to income within one year. The currently maturing portion of long-term debt is thus classified unless it is to be paid from a sinking fund or other noncurrent asset source.
N.Y. Comp. Codes R. & Regs. Tit. 10 § 441.79