Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   Benefit of recording loan as long-term to business (https://www.askmehelpdesk.com/showthread.php?t=276044)

  • Nov 1, 2008, 04:10 PM
    jones1960
    Benefit of recording loan as long-term to business
    Why would recording the loan as a long-term liability from a business point of view make sense, apart from compliance with promulgated standards?
  • Nov 1, 2008, 04:12 PM
    jones1960

    Why would recording the loan as a long-term liability from a business point of view make sense, apart from compliance with promulgated standards?
  • Nov 5, 2011, 06:02 PM
    simmonsvelma
    Why would recording the loan as a long-term liability from a business point of view make sense, apart from compliance with promulgated standards?
  • Nov 5, 2011, 06:13 PM
    simmonsvelma
    Why would recording the loan as a long-term liability from a business point of view make sense, apart from compliance with promulgated standards?
  • Nov 7, 2011, 08:02 AM
    pready
    Think about the Current ratio and Working Capital. Also about the short term bill paying ability.

  • All times are GMT -7. The time now is 08:44 PM.