Why is an Account Payable not Classified as a Non-current Liability?

Why is an Account Payable not Classified as a Non-current Liability? Non-current liability Non-current liabilities are financial obligations or debts that a company expects to pay in more than one year. They are also referred to as long-term liabilities. Non-current liabilities can be found on the company’s balance sheet, and typically consist of long-term leases, … Read more