Does the operating expense and long term debtappear in the liability section of the balance sheet?
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Does the operating expense and long term debtappear in the liability section of the balance sheet?
Expenses do not appear in a balance sheet. They appear in the Income Statement.
Long-term debt appears in the Balance sheet in the Liability section.
The current portion (due within one-year or one operationg cycle) is listed as a Current Liability.
The rest of the Long-term debt is listed as a Long-Term Liability.
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