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    Financial Accounting for MBAs
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    Exam 7: Current Liabilities and Long-Term Liabilities
  5. Question
    The Principal and Interest That Will Be Paid on Long-Term
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The Principal and Interest That Will Be Paid on Long-Term

Question 43

Question 43

True/False

The principal and interest that will be paid on long-term debt within the next operating cycle are reported on the balance sheet as "current portion of long-term debt."

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