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.
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.