Everything You Must Know About Long-Term Liabilities in 12 Minutes!

Описание: Everything You Must Know About Long-Term Liabilities in 12 Minutes! Today, we continue going over liabilities and will look into long-term or non-current liabilities.

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The textbook used in this video: Financial Accounting, Jan R. Williams. Publisher: McGraw-Hill. Chapter 10.

Additional resources: https://www.amsa-online.com/free-reso...

Timeline:
00:00 Introduction
00:37 The Nature of Liabilities
01:16 Long-Term Liabilities
01:59 Liabilities Bearing Interest
02:29 Maturing Obligations Intended to be Refinanced
02:56 Examples of Long-term Liabilities
03:16 Installment Notes Payable
03:48 Bonds Payable Overview and Interest Calculation
05:07 Types of Bonds
05:43 Loss Contingencies
06:38 Example: Prepare the Long-Term Liability Section of the Balance Sheet

American Modern School of Accounting is a nonprofit online vocational school that offers several programs to help adult learners to start or advance their careers in bookkeeping and accounting.
We offer the following programs:
• Certificate in Computerized Accounting with QuickBooks
• Certificate in Computerized Bookkeeping with QuickBooks
• Certificate in Computerized Bookkeeping with QuickBooks (Budget Plan)
For more information, visit our website: https://www.amsa-online.com/

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