Long–term liabilities: Obligations with maturities beyond one year. Long-term debt :Bonds, Long-Term Notes Payable. Deferred Taxes: Result of temporary differences in the recognition of revenue and expense for taxable income relative to reported income.
small business accounting worksheets Elegant small business balance sheet template monpence
page 469. (continued from previous slide) LESSON 15-4.
Lesson Liabilities Section of a Balance Sheet. LO3. Liabilities Section. 1. Account Title and Amount of Each Current Liability. 2. Total Liabilities. 3.