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Business, 20.12.2019 06:31 dheydar9377

Acompany has the following liabilities at year end:

mortgage note payable; $16,000 due within 12 months
$355,000
short-term debt that the company is refinancing with long-term debt
175,000
deferred tax liability arising from depreciation
25,000
what amount should the company include in the current liability section of the balance sheet?

a) $0
b) $16,000
c) $41,000
d) $191,000

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Answers: 3

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Acompany has the following liabilities at year end:

mortgage note payable; $16,000 due...

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