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    Financial Accounting Study Set 11
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    Exam 1: The Financial Statements
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    Notes Payable (Due in 60 Days)would Appear on the Balance
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Notes Payable (Due in 60 Days)would Appear on the Balance

Question 170

Question 170

Multiple Choice

Notes payable (due in 60 days) would appear on the balance sheet as a:


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

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