accounting question. HELP!!!!!!!!!!!!?

I have a question for an accounting assignment. The question is "what is the furthest in the futute due date of the company's debt". Does this means if a company has like 30 days ro 60 days to make a payment? Serious replies only and thanks again!

?2010-11-17T13:11:57Z

Favorite Answer

The furthest in the future due date would be the date stated on the terms of credit, loan, or bond issue. The debt can always be retired sooner.