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    On the Balance Sheet the Current Portion of Long-Term Debt
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On the Balance Sheet the Current Portion of Long-Term Debt

Question 1

Question 1

Multiple Choice

On the balance sheet the current portion of long-term debt should:


A) be paid immediately.
B) be reclassified as a current liability.
C) be classified as a long-term liability.
D) not be separated from the long-term portion of debt.

Correct Answer:

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