what is the difference between long term debt and short
term debt?
Answer Posted / 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 |
Post New Answer View All Answers
Is depreciation a expense or income?
Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
I KNOW THAT INSURANCE CHARGES ON PURCHASE OF VEHILE (LIGHT/HEAVY VEHICLES)HAS BEEN CAPITALISED OR NOT.?
sir i am working consruction company.we have 4 projects in varrious places.i enter attendance in payroll by project wise.if enter autofill salaries combained all projects.i want individual salaries base on attendance feeding method.because staff are changing in one project to another project offenly.please explain method
what is the frienge benefits tax?what is usefull?
What is Risk Assessment?
what is Journal Entries?
hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units
What is the New GL concept? how do you configure new GL a/c?
how to prepare the balance sheet of private ltd. company & what roll should be play by Income tax, compnay law & accounting standard in India & world.
In SAP FICO How many ways we are Procuring the assets in the Company?
Can anybody send me Interview questions & Answers to me IN Accounts & finance my Mail ID - virupaksha_krt@rediffmail.com
how history is helpful for banking?
what is the script forms standard text in fico
What do mean by Computerization of accounts