Long-term liabilities, Cost Accounting

Long-Term Liabilities:

These are usually for more than one year. They cover almost all the outsider's liabilities not comprised in the current liabilities and provisions. Such liabilities may be unsecured or secured. Security for long-term loans, are generally the fixed assets owned through the firm assigned to the lender through a pledge or mortgage. All details as interest rate, repayment commitment and behavior of security are disclosed into the balance sheet. Usually, such long-term liabilities include debentures and bonds, borrowings from banks and financial institutions.

Posted Date: 4/4/2013 1:46:53 AM | Location : United States







Related Discussions:- Long-term liabilities, Assignment Help, Ask Question on Long-term liabilities, Get Answer, Expert's Help, Long-term liabilities Discussions

Write discussion on Long-term liabilities
Your posts are moderated
Related Questions
Classification of Labour Costs This can be classified into like: a) Indirect or Direct cost b) Variable or Fixed cost c) Non controllable and controllable cost a)

Average costing method has the following main advantages: 1.It is a realistic costing method useful to management in analyzing operating results and appraising future production

Marginal analysis finds to equalize the cost of producing one more item (marginal costs) with the revenue gained from selling one more item (marginal revenue).

how can a poorly controlled budget cause problesm for a business?


Stages of Implementation of Zero Based Budgeting 1. Definition of decision package. It is the comprehensive description of the organizations activities or functions.

What are the factors affecting working capital requirements

Distribution and Selling Cost Budget This is the forecast of all costs incurred in distributing and selling the company's product throughout the budget period. This is closel

Specific Order Costing This is a broad costing system that is applicable where work jobs consist of separate jobs, batches or contracts.  Every job or contract or batch is a c

Variable costs are the cost that are directly proportionate with the quantity of manufacture and or directly associated with the service.