validate amounts due within the current portions of be debt owed properly under the and rates. period. debt plus interest. within the current current liabilities period. section. Notes should include all information on interest rates. Balance Sheet Existence or Completeness Rights and Valuation or Presentation and Accounts Occurrence Obligations Allocation Disclosure Long-term debt Secondary sources, The account The company has Long-term debt The long-term debt like creditors, should include all an obligation to should be debt account should be should be used to portions of debt pay off any and all owed not within disclosed properly validate amounts not due within the long-term debt the current period. under the long-term and rates. current period. plus interest. liabilities section of the balance sheet. Notes should include all information on interest rates.
validate amounts and rates. due within the period. current portions of debt plus interest. be debt owed within the current period. properly under the current liabilities section. Notes should include all information on interest rates. Balance Sheet Accounts Existence or Occurrence Completeness Rights and Obligations Valuation or Allocation Presentation and Disclosure Long-term debt Secondary sources, like creditors, should be used to validate amounts and rates. The account should include all portions of debt not due within the current period. The company has an obligation to pay off any and all long-term debt plus interest. Long-term debt should be debt owed not within the current period. The long-term debt account should be disclosed properly under the long-term liabilities section of the balance sheet. Notes should include all information on interest rates.