Accountancy, asked by Kausha5166, 1 month ago

Are Long Term Liabilities Debt?

Answers

Answered by nawathesrushti78
2

Answer:

Long-term liabilities are financial obligations of a company that are due more than one year in the future. ... Long-term liabilities are also called long-term debt or noncurrent liabilities.

Answered by madhukumari84808
0

Answer:

Long-term liabilities are financial obligations of a company that are due more than one year in the future. ... Long-term liabilities are also called long-term debt or noncurrent liabilities.

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