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
Correct Answer:
Verified
Correct Answer:
Verified
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