Discuss the distinguishing characteristics of general long-term liabilities and how they are reported.
Discuss the distinguishing characteristics of general long-term liabilities and how they are reported. Using the same financial statements referenced in your Week Two discussion (or different organizations, if desired) provide two examples of general long-term liabilities and two examples of other long-term liabilities you found on the entities’ financial statements. Include any specific provisions or characteristics noted about each example. Reference this week’s lecture to support your post.
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