Question: - / 1.5 ili View Policies Current Attempt in Progress On January 1, 2020, Pharoah Company, a calendar-year company, issued $2160000 of notes payable, of

- / 1.5 ili View Policies Current Attempt in Progress On January 1, 2020, Pharoah Company, a calendar-year company, issued $2160000 of notes payable, of which $540000 is due on January 1 for each of the next four years. The proper balance sheet presentation on December 31, 2020, is: O Current liabilities, S540000; Long-term Debt. $1080000 O Current liabilities. $2160000 O Current liabilities. $540000; Long-term Debt, $1620000 O Long-term debt. $2160000 Save for Later Attempts: 0 of 1 used Submit

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