Although the most common type of general long-term liabilities are those arising from financing activities (e.g., bonds,

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Although the most common type of general long-term liabilities are those arising from financing activities (e.g., bonds, notes, and lease agreements), general long-term liabilities also can be created through operating activities. Provide examples of long-term liabilities other than those related to financing.

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Accounting for Governmental and Nonprofit Entities

ISBN: 978-1259917059

18th edition

Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely

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