Asked by
Mazan Rumthao
on Nov 18, 2024
Verified
Repayment of long-term note payable
Long-Term Note
A debt security that matures in more than one year, requiring the borrower to repay the principal and interest over an extended period.
Financing Activities
Transactions and events that affect the long-term liabilities and equity of an organization, such as issuing stocks or bonds, and repaying bank loans.
- Learn about the consequences of treasury stock transactions and modifications in equity on the liquidity of a company.
Verified Answer
AB
Learning Objectives
- Learn about the consequences of treasury stock transactions and modifications in equity on the liquidity of a company.