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General Accounting Discussions: Credit line classification on a balance sheet

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  1.  
    • CommentAuthorcccraig
    • CommentTimeMar 27th 2007
     
    I am in the midst of my first ever tax season, and I need to know where to put a credit line account in a company's balance sheet.
  2.  
    LIst in the current liability section as LIne of Credit - should be first item in the current liability section
    Thankful People: cccraig
  3.  
    hi jeffrey

    thanks, can you expain what is credit line

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