FIN. ACCT.-TOOLS FOR BUS.DEC.MAKING-CODE
FIN. ACCT.-TOOLS FOR BUS.DEC.MAKING-CODE
9th Edition
ISBN: 9781119595724
Author: Kimmel
Publisher: WILEY C
Question
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Chapter 10, Problem 8Q

(a)

To determine

Long-term liabilities

Long-term liabilities are obligations that the company needs to pay after at least one year or more. Long term liabilities are otherwise called as long-term debt.

To describe: The term long-term liabilities and give two examples.

(b)

To determine

To describe: The term bonds.

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Chapter 10 Solutions

FIN. ACCT.-TOOLS FOR BUS.DEC.MAKING-CODE

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