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    Accounting
  4. Exam
    Exam 11: Long-Term Liabilities, bonds Payable, and Classification of Liabilities on the Balance Sheet
  5. Question
    The Current Portion of Notes Payable Is the Principal Amount
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The Current Portion of Notes Payable Is the Principal Amount

Question 119

Question 119

True/False

The current portion of notes payable is the principal amount that will be paid within one year of the balance sheet date.

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