Multiple Choice
Assume you are preparing a balance sheet dated December 31,2014.Which of the following is NOT a long-term liability?
A) bonds payable due June 30, 2016
B) bonds payable due June 30, 2015
C) bonds payable due December 31, 2016
D) bonds payable due December 31, 2020
Correct Answer:

Verified
Correct Answer:
Verified
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