[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:
|
WHAT ARE LONG TERM LIABILITES? |
|
Long Term Liabilities:
Examples are:
Remember that we need to classify the total debts into two(2) parts:
|
|
|
|
SUMMARY: TO RECAP FOR LIABILITIES SIDE OF THE BALANCE SHEET |
|
Balance Sheet And Its Liabilities Side (Total Liabilities) consists of : Current Liabilities +Long Term Liabilities
|
No related posts.
Related posts brought to you by Yet Another Related Posts Plugin.