Notes Payable

  • 1 Posts
  • 1 Sections
  • 1 Types
Definitions
Long-Term Debt or Long-Term Liability
Long-Term Debt Long-Term Liability Loans Bonds Notes Payable Interest Payments Maturity Principal Amount
Long-term debt, also known as long-term liability, refers to loans and financial obligations that are due in more than a year. These obligations often include bonds and notes payable, with periodic interest payments and the principal due upon maturity.
Read more about Long-Term Debt or Long-Term Liability.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.