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Lana wasn't sure if her coworker Branson was correct when she said it was ok to take work home, but she had faith in Branson's ability to make good decisions, so she took the work home and hoped her boss wouldn't be mad. Lana was displaying
Non-Current Liability
Long-term financial obligations listed on a company's balance sheet, not due within one year.
Deferred Revenue
Income received by a company for goods or services yet to be delivered or performed.
Mortgages Payable
Long-term liabilities representing money a company owes on property mortgages that are due beyond the next year.
Periodic Instalment
Periodic installment refers to a regular, scheduled payment made over time towards settling a debt, which may include portions of both principal and interest.
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