This Venn Diagram Worksheet is a great handout for reinforcing the symbols and definitions used in Set Theory. Now you are ready to create your Venn Diagram Worksheet by pressing the Create Button. If You Experience Display Problems with Your Math Worksheet.
Assets classified as long-term investments or long-term assets on the balance sheet are those a firm expects to own for more than one month and that, in many cases, cannot be readily converted into cash. Glow Images, Inc./Getty Images.
while long term liabilities are debts that must be paid sometime beyond one year. Examples of long term liabilities include; a 3 year business bank loan, a 5 year business car loan, a mortgage on a corporate building, a 2 year loan from a family members who invests into your company, and the list goes on and on. Think of a mortgage on your house for a moment. Your house mortgage is a long-term liability to you personally - not your business. Therefore, the balance sheet for your business would not include your house mortgage as a long term liability. In other words, personal items are personal items and business items are business items; they are considered to be separate entities. The Toy Company's Long-Term Liabilities on its Balance Sheet as of December 31, 200X are as follows;