Assertion: balance sheet's liability | /r/HasProperty | loan
Facets:
value: due to suppliers
type: CAUSE
value: due to mortgages
type: CAUSE
value: due to partners
type: CAUSE
value: due to leases
type: CAUSE
value: within the next 12 months
type: TEMPORAL
Source sentences:
text: 8,000 $ 16,400 Non-current Liability: Loans Payable 23,000 Strauss, Capital 147,100 Total Liabilities and Owner's Equity $ 186,500
text: For example, if a company takes out a loan, that loan transaction would be recorded by both a debit and a credit, which would simultaneously increase its liabilities (the loan) and its assets (the cash on hand funded by the loan).
text: A current liability is a loan due to creditors within the next 12 months from the beginning date on the balance sheet.
text: Liabilities are debt items like loans and monies due to suppliers, partners, leases and mortgages, accounts payable, accrued expenses and deferred revenues.