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Long term Liabilities

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Business

Lessons no : 7

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LEGLISE

Straight to the point, thank you 2024-12-07

Yosef Berhanu Takiso

Thumbs up 2024-08-12

IV

Best 2023-11-16

Dr.Ghvs Sarma

Very Good. 2023-07-30

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Examples of long-term liabilities are bonds payable, long-term loans, capital leases, pension liabilities, post-retirement healthcare liabilities, deferred compensation, deferred revenues, deferred income taxes, and derivative liabilities.What is long-term and short term liabilities? Current liabilities (short-term liabilities) are liabilities that are due and payable within one year. Non-current liabilities (long-term liabilities) are liabilities that are due after a year or more. Contingent liabilities are liabilities that may or may not arise, depending on a certain event. On a balance sheet, items that do not currently require interest payments, but will require payments in the future for a period of longer than one year. Common examples of other long-term liabilities include deferred taxes, future employee benefits, such as pensions for employees currently working, and lease payments.What is Total long-term liabilities? Long-term liabilities, or noncurrent liabilities, are debts and other non-debt financial obligations with a maturity beyond one year. They can include debentures, loans, deferred tax liabilities, and pension obligations.