Are bonds payable long term liabilities?

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The bonds that a company has issues are long term or short term liabilities? There are cases where these bonds have callable days and to be honest, they can get a bit complicated.

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score 0 · Answer 1 · 2013-05-07T23:08:33+00:00

They are usually long term liabilities, that’s correct. A long term liability is a liability that will mature (become payable) after more than twelve months. If you want a bond that matures in 5 months, it’s a current liability and not long term liability.