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    Exam 4: Completing the Accounting Cycle
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    A Two-Year Note Payable Would Be Classified as A
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A Two-Year Note Payable Would Be Classified as A

Question 79

Question 79

Multiple Choice

A two-year note payable would be classified as a:


A) current liability.
B) current asset.
C) long-term liability.
D) long-term asset.

Correct Answer:

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