Knowee
Questions
Features
Study Tools

Long-term liabilities that represent money loaned to the firm by bondholders that must be paid back are called payable.

Question

🧐 Not the exact question you are looking for?Go ask a question

Solution 1

The long-term liabilities that represent money loaned to the firm by bondholders that must be paid back are called "Bonds Payable".

Here are the steps to understand this:

  1. Long-term liabilities: These are financial obligations that a company expects to pay after one year. They are recorded on t Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  

This problem has been solved

Similar Questions

Liabilities are:Group of answer choicesfavours that you owe.legal debts.negative personality attributes.nuisance situations.

Payments to shareholders are called: Group of answer choices expenses. liabilities. dividends. liabilities.

Liabilities are classified on the statement of financial position as current or: Group of answer choices non-current. deferred. accrued. unearned.

Liabilities, such as loan finance, on the other hand, are remunerated by interest, which is charged to profit or loss as an expense.Select one:TrueFalse

Some liabilities are not contractual obligations and may not be payable in cash.Group of answer choicesTrueFalse

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.