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    Financial Accounting Study Set 6
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    Exam 8: Liabilities
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    The Current Installment of Long-Term Debt
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The Current Installment of Long-Term Debt

Question 52

Question 52

Multiple Choice

The current installment of long-term debt:


A) is classified as a long-term liability.
B) is classified as a short-term liability.
C) does not need to be separated from the long-term debt.
D) is none of the above.

Correct Answer:

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