On which financial statement would you generally find long-term liabilities?

Long-term liabilities are reported on the balance sheet, which provides a snapshot of a company's financial position at a specific point in time. The balance sheet is structured to show what a company owns (assets), what it owes (liabilities), and the residual interest of owners (equity). Long-term liabilities, such as bonds payable, long-term loans, and leases, are categorized under the liabilities section and represent obligations that are due in more than one year.

The income statement focuses on a company's revenues and expenses over a specific period, providing information about profitability rather than the financial position. The cash flow statement details the inflows and outflows of cash, revealing how cash is used in operating, investing, and financing activities, but it does not specifically show liabilities. The equity statement, also known as the statement of shareholders’ equity, describes changes in equity accounts over a period but does not include liabilities.

Thus, the balance sheet is the appropriate financial statement for presenting long-term liabilities, making it the correct choice in this context.