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    Financial Accounting Study Set 11
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    Exam 8: Current and Contingent Liabilities
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    The Current Portion of a Long-Term Note Payable Refers to the Amount
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The Current Portion of a Long-Term Note Payable Refers to the Amount

Question 36

Question 36

True/False

The current portion of a long-term note payable refers to the amount of interest on a note payable that must be paid in the current year.

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