Textbook Notes for Shaweta Roopra

YORKADMS 3595Shaweta RoopraFall

ADMS 3595 Chapter Notes - Chapter 14: Effective Interest Rate, Unsecured Debt, Amortization Schedule

OC17513511 Page
19 Sep 2013
53
Long term debt consists of obligations that are not payable within a year or the operating cycle, and will require sacrifices of economic benefits in t
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YORKADMS 3595Shaweta RoopraFall

ADMS 3595 Chapter Notes - Chapter 13: Oil Platform, Contingent Liability, Accounts Payable

OC17513517 Page
19 Sep 2013
48
A liability is an obligation that arises from past transactions or events, which may result in a transfer of assets or services. Liabilities have 3 ess
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