what is the difference between long term debt and short
term debt?

Answers were Sorted based on User's Feedback



what is the difference between long term debt and short term debt?..

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
year

Is This Answer Correct ?    22 Yes 1 No

what is the difference between long term debt and short term debt?..

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

what is the difference between long term debt and short term debt?..

Answer / kalpana

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 ?    12 Yes 6 No

what is the difference between long term debt and short term debt?..

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

what is the difference between long term debt and short term debt?..

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

what is the difference between long term debt and short term debt?..

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

what is the difference between long term debt and short term debt?..

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

what is the difference between long term debt and short term debt?..

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

Post New Answer

More Accounting AllOther Interview Questions

Concept of Derivatives and types?

1 Answers   Mellon,


what is content of purchase order?

1 Answers  


Expand---------MRB

4 Answers  


What are the main things to see which making a Balance Sheet ??

2 Answers  


what is reverse repo?

6 Answers  






what is authorised capitla and subscribed capital

14 Answers   ANZ, Capital IQ, Insurance,


What percentage of discounts lost did you have in Accounts Payable? Did the percentage increase or decrease under your supervision?

1 Answers   Boston Consulting Group, Noble Group, United Healthcare,


what is drawbacks of account

2 Answers   TCS,


Can anybody tell me about the liability positions of 1.Sole trader 2.Partnership 3.Pvt ltd co 4.Public ltd co

2 Answers  


what is the frienge benefits tax?what is usefull?

0 Answers  


what are real,nominal,personal and impersonal accounts

1 Answers  


Difference between Wages and Expense?

6 Answers  


Categories