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

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Sensitive field have been defined and customized for vendor master data. For which of the following sensitive fields will an update trigger dual control?(any 1 answer) Currency Account group IBAN VENDOR ACCOUNT NUMBER

1730


income from depreciated asset is profit or loss?

1001


1.provide a brief write up on why you consider yourself suitable for the post voting your major achievements? 2. Mention your position in the hierarchy and the levels above and below you ?

1139


What is Home Loan Modification?

1708


Is advance paid wages has credit balance?

1082






What are the names of the codes which are needed for RTGS ? Payment and wire transfer respectively ?

1330


whts is the meaning of over cost and under cost, what is difference ?

11389


You configured new asset accounting with three depreciation areas that post in real time. You need to do a partial scrapping to an asset in transaction type. How many document does the transaction create ?( any 1 answer) 1 3 4 6

1029


Define Payee

1612


What do we mean by the term "Securities" when we say that "Govt injecting/sucking liquidity in/out of the system by buying/selling securities?

1639


How i pass the share holders capital entry in Tally? How to set this option in Tally?

3461


Short Answer on _____________Revenue Budget

1557


What is TDS entry for a Firm? as previous years TDS is shown as opening balance in the books of the firm in current year and i don,t want in C.Y as its claimed in the Computation of Previous Years???? So what is the A/C ing entry

1571


Short Answer on __________written Down value

1503


give me only one transactions in both side (debit&credit) should be in real accounts

1726