Difference between revisions of "Long-term liabilities"

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Revision as of 09:11, 20 December 2018

Long-term liabilities are obligations that are not due or payable for a long time, usually for more than a year.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Long-term liabilities. Obligations that are not due or payable for a long time, usually for more than a year.

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