Are debentures non current liabilities? 2.72K viewsAccounting 0 Ely 0 Comments Would you recognize the debentures under the non current liabilities or under the current liabilities? When can a debenture be under the current liabilities? 3 Answers ActiveVotedNewestOldest 0 Andrew211 Posted 0 Comments Well they can be both current and non current. Depending on the maturity date. You are viewing 1 out of 3 answers, click here to view all answers. Register or Login Search for: