Multiple Choice
The mortgage on Prudential Insurance's local facility will be paid off over the next 30 years. The majority of this mortgage would be classified on Prudential's balance sheet as a(n)
A) current asset.
B) current liability.
C) long-term asset.
D) long-term liability.
E) account payable.Christine's First Job
Correct Answer:
Verified
Correct Answer:
Verified
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