The current portion of long-term debt should be
A) Reported as a current liability in the balance sheet.
B) Reported as a long-term liability in the balance sheet.
C) Combined with the rest of the long-term debt in the balance sheet.
D) Paid immediately.
Answer: A
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.