Where would I find a companies debt on a Financial Statement?
- olliverLv 66 months ago
On the balance sheet under liabilities.
- Anonymous6 months ago
move to homework help.
- ?Lv 66 months ago
On a simple financial statement, long term debt or liabilities would fall under items such as "Loans", "Bonds" or "Debentures" while short term debt would fall under "Creditors", "Credit Purchases" or "Bank Overdraft". Long term liabilities are defined as debts which are not due within 12 months