what is the difference between long term debt and short
Answers were Sorted based on User's Feedback
Answer / sunil
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
|Is This Answer Correct ?||22 Yes||1 No|
Answer / deepak
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 ?||21 Yes||7 No|
Answer / abubakari peter
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 ?||5 Yes||0 No|
Answer / chinna
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 ?||3 Yes||0 No|
Answer / harish kumar sahu
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 ?||1 Yes||0 No|
Answer / anil
long term debt is given for long period
short term debt is given for short period
|Is This Answer Correct ?||3 Yes||2 No|
Answer / rajesh
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 ?||13 Yes||23 No|
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