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Homework answers / question archive / What is “not associated” to a long-term debt liability:                           Account receivable and inventory Purchase of land

What is “not associated” to a long-term debt liability:                           Account receivable and inventory Purchase of land

Finance

What is “not associated” to a long-term debt liability:                          

  1. Account receivable and inventory
  2. Purchase of land.
  3. Term loan.
  4. Leasing assets.

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  1. Account receivable and inventory

Accounts receivables and inventory are not long term liabilities. They are current assets.