A company has an operating cycle of 14 months. It has trade payables amounting to ₹30,00,000 out of which ₹3,00,000 have a maturity period of 13 months. How would this information be presented in the balance sheet?
1
₹1,00,000 as current liabilities and ₹2,00,000 as non-current liabilities.
2
₹2,00,000 as current liabilities and ₹1,00,000 as non-current liabilities.
3
₹3,00,000 as non-current liabilities.
4
₹3,00,000 as Current liabilities.