The subjects belonging to long-term liabilities are: \x0d\ long-term loans, bonds payable, long-term payables, special payables, estimated liabilities, deferred income tax liabilities and other non-current liabilities. \ x0d \ x0d \ Long-term liabilities, also known as non-current liabilities, are the contents of accounting entries and refer to debts with a maturity of more than 1 year. /kloc-Long-term liabilities due within 0/year are included in the balance sheet as short-term liabilities. \x0d\ Compared with current liabilities, long-term liabilities have the characteristics of larger amount and longer repayment period. Therefore, borrowing long-term liabilities often comes with certain conditions. If an enterprise needs to designate an asset as collateral for repayment, it needs to designate a guarantor. Set up a sinking fund to protect the economic interests of creditors. \x0d\x0d\ Long-term liabilities have the following characteristics: \ x0d \ 1. The basic premise to ensure the repayment of long-term liabilities is that the enterprise has strong short-term solvency and will not go bankrupt and liquidate. Therefore, short-term solvency is the basis of long-term solvency; \x0d\ Second, the repayment of the principal of long-term liabilities is bound to have a process of accumulation because of the large amount. In the long run, all the truly reported income will eventually be reflected in the net cash inflow of the enterprise, so the long-term solvency of the enterprise is closely related to the profitability of the enterprise; \x0d\ Thirdly, the amount of long-term liabilities of an enterprise is related to the rationality of its capital structure, and long-term liabilities cannot be considered only from the perspective of debt repayment. It is also from the perspective of maintaining the rationality of the capital structure. Maintaining a good capital structure can also enhance the solvency of enterprises. \x0d\ Economic obligations caused by past economic activities, which can be measured in currency and have a repayment period of 1 year or more than one business cycle 1 year. Common long-term liabilities include long-term loans, corporate bonds, housing accumulation funds and long-term payables.