14
10
2007
Know The Components in The Liabilities Side Of A Balance Sheet(Part3of3)
Posted by: slang in b. Financial Statements[GO TO THE MAIN PAGE FOR ALL ARTICLES ON THE BASIC UNDERSTANDING OF THE FINANCIAL STATEMENTS]
Earlier article has discussed the current liabilities, in this article readers are able to understand the other detailed components in the liabilities side of a Balance Sheet:
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WHAT ARE LONG TERM LIABILITES? |
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Long Term Liabilities:
Examples are:
Remember that we need to classify the total debts into two(2) parts:
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SUMMARY: TO RECAP FOR LIABILITIES SIDE OF THE BALANCE SHEET |
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Balance Sheet And Its Liabilities Side (Total Liabilities) consists of : Current Liabilities +Long Term Liabilities
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March 16th, 2008 at 11:08 pm
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