Question: 33) The current portion of long-term notes payable is A) the amount of principal that will be paid within five years B) recorded as an

33) The current portion of long-term notes payable is A) the amount of principal that will be paid within five years B) recorded as an adjusting entry C) typically included with the long-term liabilities on the balance sheet D) reclassified as current for reporting purposes on the balance sheet

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