Question

give an example for long term liability ????

Answer 1

Explanation:

the liability is more than 1 year is known as long long term liability

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Answer 2

$\huge{\mathcal{BONJOUR \: !!}}$

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.

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