Business & Finance
CMLTD Full Form - What is Full Form of CMLTD?
Full Form: | Current Maturities of Long Term Debt |
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Category: | Business & Finance |
Sub Category: | Accounting |
What is Meaning of CMLTD?
CMLTD is full form Current Maturities of Long Term Debt
What is Current Maturities of Long Term Debt?
The current maturity of a company's long-term debt refers to the portion of liabilities that are due within the next 12 months. ... This means that $20,000 will be recognized as the current portion of long-term debt to be repaid this year, while $100,000 will be recorded as a long-term liability.