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BCom Tuition > What is long-term debt?
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What is long-term debt?

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Debt like loans debentures...more than 1year period
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long term debts are the loans taken for more than 12 months. for example debentures, bank loan
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Amount owed for a period exceeding 12 months from the date of the balance sheet. It could be in the form of a bank loan, mortgage bonds, debenture, or other obligations not due for one year. A firm must disclose its long-term debt in its balance sheet with its interest rate and date of maturity.
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Any debt which exceeds more than 12-36 months is called as long term debt
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Long term debts are debts the repayment of which falls after an year to three
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Accountancy and commerce subjects expert, also with online support.

Long-term debt consists of loans and financial obligations lasting over one year.
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Long term debt is debt which is payable after period 12 months.
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Long-term debt consists of loans and financial obligations owed for a period exceeding 12 months from the date of the Balance Sheet. It could be in the form of a bank loan, mortgage bonds, debenture, or other obligations not due for a year. A firm must disclose it's long-term debt in it's Balance Sheet...
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Long-term debt consists of loans and financial obligations owed for a period exceeding 12 months from the date of the Balance Sheet. It could be in the form of a bank loan, mortgage bonds, debenture, or other obligations not due for a year. A firm must disclose it's long-term debt in it's Balance Sheet with the interest rate and date of maturity. read less
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