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    Accounting
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    Exam 14: Long-Term Liabilities
  5. Question
    The Current Portion of Notes Payable Must Be Reported on the Balance
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The Current Portion of Notes Payable Must Be Reported on the Balance

Question 31

Question 31

True/False

The current portion of notes payable must be reported on the balance sheet under current liabilities and the long-term portion under long-term liabilities.

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