Keep in mind that paraphrasing (putting original text into your own wording and sentence structure; view the paraphrasing page for more info) is often better than quoting. After all, most of the time it is the information that is important, not the wording that is used to provide it.
Loading the player... A long-term investment is an account on the asset side of a company's balance sheet that represents the company's investments, including stocks, bonds, real estate and cash, that it intends to hold for more than a year.
Liabilities are a companyâs debts, or the amount of money it owes other parties, such as lenders or suppliers. When you list liabilities on your small businessâs balance sheet, you separate them into two subsections: current liabilities and long-term liabilities. Current liabilities are those that you expect to pay within one year. Long-term liabilities are those you expect to pay after a year. The amount of your small businessâs total liabilities, or total debt, you must report on your balance sheet equals the sum of your current and long-term liabilities.