1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Otrada [13]
2 years ago
14

How are bonds payable usually classified on the balance sheet?

Business
1 answer:
earnstyle [38]2 years ago
7 0

Bonds payable that are <u>long-term obligations</u> are typically recorded on the balance sheet.

<h3><u>How do long-term liabilities work?</u></h3>

Long-term liabilities are debts owed by a business that won't be paid off for at least a year. To give a clearer picture of a company's present liquidity and its capacity to meet its obligations as they come due, the current part of long-term debt is broken out separately from other debt.

Long-term liabilities are also referred to as noncurrent liabilities or long-term debt. The balance sheet's part that may include debentures, loans, deferred tax liabilities, and pension obligations is where long-term liabilities are stated following more immediate liabilities.

Liabilities that are greater than one year in duration or that are not due within the next 12 months are referred to as long-term liabilities. The time it takes a business to convert its inventory into cash is known as its operational cycle.

Learn more about long-term liabilities  with the help of the given link:

brainly.com/question/17283456

#SPJ4

You might be interested in
Steve Jack and Chelsy Stevens formed a partnership, dividing income as follows: Annual salary allowance to Stevens of $176,130.
denpristay [2]

Answer:

$45,440.00

Explanation:

Jack's interest on capital =5%*$90,000=$4,500.00

Stevens' interest on capital =5%*$111,000=$ 5,550.00  

Net income left to be shared in ratio 1:2 is the net income of $309,000 minus the total interest on capital of $10,050 i.e $4,500+$5,550 and salaries to Stevens

Net income left for sharing=$309,000-$10,050-$176,130=$ 122,820.00  

Jack's share of profit=1/3*$ 122,820.00   =$ 40,940.00    

Stevens' share of profits=2/3*$122,820.00  =$ 81,880.00  

Amount distributed to Jack=$4,500+$ 40,940=$45,440.00  

6 0
3 years ago
If there are 100 transactions in a year and the average value of each transaction is $10, then if there is $200 of money in the
trapecia [35]

Answer:

the answer is C:5 how I know: I did it

4 0
2 years ago
If a country's GDP is $10 billion and its population is 250,000, what is<br> its per capita GDP?
ruslelena [56]

Answer:

4000

Explanation:

7 0
3 years ago
Podcasts and Wikis Work for Business Podcasts and wikis are part of Web 2.0, which allows users of the web to create content. Pr
Contact [7]

Answer:

b. Project management

Explanation:

Wikis can be used to provide highly interactive environment which is necessary for the project management, as it helps to collaborate, facilitate feedback, and store the information for future use.

5 0
3 years ago
Type the correct answer in the box. Spell all words correctly.
MrRa [10]

Answer: management

most likely :)

5 0
3 years ago
Other questions:
  • Triad Children's Center (TCC), a non-profit organization, uses relevant cost analysis to determine whether new services are desi
    11·1 answer
  • Vinny asks if he should force Spud to finish the job. Could Oscar get a court order requiring Spud to actually build the display
    6·1 answer
  • What factors are encouraging financial institutions to offer overlapping financial services such as banking, investment banking,
    12·1 answer
  • During its first year of operations, Maria Rose invested $25,000 in Roseland Inc. in exchange for its common stock. The company
    12·1 answer
  • During 2013, Winston Corporation spent $170,000 in research and development costs. As a result, a new product called the New Age
    5·1 answer
  • Which component of consumption has a negative or indirect relationship with consumption?
    9·1 answer
  • If STUDENT and COURSE participate in a relationship, this is an example of a(n):
    9·1 answer
  • Gaggle Inc. decides to wrongly infringe on Chirp Chirp's patent and establish a similar "knock-off" product because Chirp Chirp
    5·1 answer
  • Do all states pay the same unemployment compensation and for the same length of time?
    8·1 answer
  • The winner of a $140 million lawsuit, terry bollea is better known by what name?.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!