The portion of long-term debt due within one year should:
A) Be classified as a long-term liability
B) Not be separated from the long-term portion of debt
C) Be paid immediately
D) Be reclassified as a current liability
Answer: D
The portion of long-term debt due within one year should:
A) Be classified as a long-term liability
B) Not be separated from the long-term portion of debt
C) Be paid immediately
D) Be reclassified as a current liability
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.