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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

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schepotkina [342]

Answer:

Prescriptive analytics.

Explanation:

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Hence, prescriptive analytics is a data analysis model that use optimization techniques.

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2 years ago
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Aleksandr [31]
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3 years ago
Ashton's gross pay is 82,000. He receives tax credits of 2,000. He pays total taxes of 4,500. What are his taxable and disposabl
svp [43]
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8 0
3 years ago
Read 2 more answers
This card works like a short-term loan? <br> A. debit<br> B. credit
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Investors decided to get out of the market. 

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