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04-05-2016
Business

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Debts that are due in one year or less are classified on the Balance Sheet as

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taskmasters taskmasters

11-05-2016

A balance sheet are the assets, liabilities and equity of your business at a specific point in time. Debts that are due in one year or less are classified on the Balance Sheet as "long-term" debts. Long-term debt is different from the total debt, which includes debt due in less than one year.

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