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Business, 17.03.2020 05:47 marcgtz511p3pln7

A long-term liability should be reported as a current liability in a classified balance sheet if the long-term debt: Is callable by the creditor. Will be refinanced with stock. Is secured by adequate collateral. Will be refinanced with debt.

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A long-term liability should be reported as a current liability in a classified balance sheet if the...
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