Social Sciences, asked by GemGemzy, 5 hours ago

investment made to buy things which can be used for a long period of time is?​

Answers

Answered by vidhyapisal8019
1

Explanation:

A long-term investment is an account on the asset side of a company's balance sheet that represents the company's investments, including stocks, bonds, real estate, and cash. Long-term investments are assets that a company intends to hold for more than a year.

The long-term investment account differs largely from the short-term investment account in that short-term investments will most likely be sold, whereas the long-term investments will not be sold for years and, in some cases, may never be sold.

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