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Which of the Following Would Be Classified as a Noncurrent

Question 38

Multiple Choice

Which of the following would be classified as a noncurrent liability on the balance sheet at December 31,Year 1?


A) An accounts payable due on January 30,Year 2
B) A notes payable due November 30,Year 2
C) A note receivable that matures on April 30,Year 3
D) A notes payable due January 15,Year 3

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