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Which of the following is a liability on a company's balance sheet? Long-term interest payments Future revenue streams Gross yearly profits and losses Owners' equity in property

Problemas

Which of the following is a liability on a company's balance sheet?
Long-term interest payments
Future revenue streams
Gross yearly profits and losses
Owners' equity in property

Which of the following is a liability on a company's balance sheet? Long-term interest payments Future revenue streams Gross yearly profits and losses Owners' equity in property

Solución

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Gonzaloexperto · Tutor durante 3 años
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The correct answer is:<br /><br />Long-term interest payments<br /><br />Liabilities on a company's balance sheet represent obligations that the company needs to pay in the future. Long-term interest payments are considered liabilities because they are financial obligations that the company must fulfill over time.
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