Which of the following is correct in the context of Schedule III of the Companies Act 2013?

Loans which are repayable in more than twelve months/operating cycle are classified as long-term borrowings on the face of balance sheet Loans repayable on demand or whose original tenure is not more than twelve months/operating cycle are classified as short-term borrowings on the face of balance sheet. Current maturities to long-term loan include amount repayable within twelve months/operating cycle under other current liabilities with Note to Account. All of the above

All of the above

As per Schedule III of the Companies Act 2013, total borrowings are categorised into long-term borrowings, short-term borrowings and current maturities to long-term debt. (i) Loans which are repayable in more than twelve months/operating cycle are classified as long-term borrowings on the face of balance sheet. (ii) Loans repayable on demand or whose original tenure is not more than twelve months/operating cycle are classified as short-term borrowings on the face of balance sheet. (iii) Current maturities to long-term loan include amount repayable within twelve months/operating cycle under other current liabilities with Note to Account.