Yayo: And I'd like to thank game 'cause he's mr potato head of the year, 'n' you kn..
Long-term liabilities = liabilities-current liabilities. Following is a list of some typical long-term liabilities: 1  Bonds payable. 2  Loans payable. 3  Deferred tax liability. 4  Pensions payable. 5  Post-retirement healthcare obligation. 6  Finance lease payable.
Current liabilities on the balance sheet represent debts due within the next twelve months. Investing for Beginners. The current liabilities section on the balance sheet shows the debts a company owes which must be paid within one year. These debts are the opposite of current assets.