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Baloon-E-Tunes -Refer to Baloon-E-Tunes. Prepare the Long-Term Asset Section of the of the Balance

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Baloon-E-Tunes Baloon-E-Tunes   -Refer to Baloon-E-Tunes. Prepare the long-term asset section of the balance sheet. You may omit the heading. Why are these amounts classified as  long-term ?
-Refer to Baloon-E-Tunes. Prepare the long-term asset section of the balance sheet. You may omit the heading. Why are these amounts classified as "long-term"?

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blured image Long-term assets are those that are exp...

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