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  3. Study Set
    Financial Accounting
  4. Exam
    Exam 12: Non-Current Liabilities, Debentures Payable and Classification of Liabilities on the Balance Sheet
  5. Question
    The Current Portion of Notes Payable Must Be Reported on the Balance
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The Current Portion of Notes Payable Must Be Reported on the Balance

Question 37

Question 37

True/False

The current portion of notes payable must be reported on the balance sheet combined with the long-term portion under non-current liabilities.

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