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 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
what is the difference between long term debt and short 
term debt?
 Question Submitted By :: B.sathyanarayana
I also faced this Question!!     Rank Answer Posted By  
 
  Re: what is the difference between long term debt and short term debt?
Answer
# 1
long term debt is given for a long period of time generally 
for more than 5 years whereas short term debt is concerned 
with the debt less than 5 years
 
Is This Answer Correct ?    8 Yes 9 No
Rajesh
 
  Re: what is the difference between long term debt and short term debt?
Answer
# 2
A debt whic are payable after one year considered as Long 
term debts.On other hand debt which are paybale within a 
year called short-term debt.ther is one more duration 
between 3 to 5 years is called Middle term debt.
 
Is This Answer Correct ?    10 Yes 4 No
Deepak
 
 
 
  Re: what is the difference between long term debt and short term debt?
Answer
# 3
The debt which we need to pay within one year is short term
debt where as long term debt is we need to pay more than one
year
 
Is This Answer Correct ?    8 Yes 0 No
Sunil
 
  Re: what is the difference between long term debt and short term debt?
Answer
# 4
The difference between long term debt and short term debt is
that
Long term debt is a debt that can be paid after a one year
and short term debt is a debt that has to be paid with in a
period of one year
 
Is This Answer Correct ?    6 Yes 3 No
Kalpana
 
  Re: what is the difference between long term debt and short term debt?
Answer
# 5
It is very similar to the short term investment and 
longterminvestment. ie,a debt which has the chance to pay 
after a period of 12 months is longterm debt.and a debt 
which has to pay in period of less than 12 months is called 
as short term debt.
 
Is This Answer Correct ?    1 Yes 0 No
Chinna
 
  Re: what is the difference between long term debt and short term debt?
Answer
# 6
1.Long term debt is a long time peried and short term 
peried is small time.
2.Long term debt is a more then one year and short term 
peried is a less then one year.
3.Long term is under for example the fund ,purchase a land 
etc.and short term debt is a invest a money short peried 
for as share and dive.
 
Is This Answer Correct ?    0 Yes 0 No
Harish Kumar Sahu
 
  Re: what is the difference between long term debt and short term debt?
Answer
# 7
short term debt is a debt which is payable within a year.

long term debt is a debt which is payable beyound one year.
but short and long term debt will also depend on the type 
of the organization.e.g taking an organization like ghana a 
debt for 5 years is considered short term.
 
Is This Answer Correct ?    1 Yes 0 No
Abubakari Peter
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
what is IFRS ?Brifely explain.  1
what do u mean by preliminary expenditure? what r they? where it is comes?  3
Short Answer on ___________Fixed capital  3
Expand---------STRP  2
Please let me know the journal entry for the below. "A" paid Rs.100 to "C" on behalf of "B"?  2
EXPAND______________OLTAS  1
Short Answer on ______Bad Debts  4
Give some reasons for disagreement of the balances between cash and pass book. Franklin-Templeton1
Whether is there vacancy for the post of Accountant?  1
Expand ---------MRD  2
What is Capital Expenditure Capital-IQ24
expand C T O  2
Why Closing Stock Not shown in Trial Balance?  6
What are the Trading A/c Components and let explain about Trading account and Profit & Loss Account Focus4
what is drawbacks of account TCS2
Expand---------SBDC  3
how could prepare a bank charges entry in the tally  5
Expand------------RST  1
What is called Take Over?  2
What is Zero Based Budgeting? Capital-IQ7
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 
   
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