Question

name any two long - term liabilities​

Answer 1

House and car for personal use

Answer 2

Two long term liabilities are long term loans and deferred compensation.

• Long-term liabilities are typically the specific business's financial commitments that are due in the future for more than an active year.  
• The present portion of long-term debt is separately listed to provide a more detailed view of the overall liquidity of a company and the willingness of the company to pay overall obligations when they become due
• Examples of long term liabilities are -

1. Long term Loans
2. Payable Bonds
3. pension liabilities,
4. deferred revenues,