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    Business
  3. Study Set
    Financial Accounting Reporting Analysis
  4. Exam
    Exam 9: Reporting and Analysing Liabilities
  5. Question
    To the Extent That Long-Term Debt Is Repayable Within the Same
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To the Extent That Long-Term Debt Is Repayable Within the Same

Question 5

Question 5

True/False

To the extent that long-term debt is repayable within the same period as current liabilities, it should be classified as a current liability.

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