Question: At December 31, a company has a note payable due January 5 of the following year. The note was refinanced by issuing shares of the

At December 31, a company has a note payable due January 5 of the following year. The note was refinanced by issuing shares of the company's common stock. In its balance sheet for the current year ended December 31, the company should report the note as a current liability Report the note as a long-term liability

At December 31 , a company has a note payable due January 5 of the following year. The note was refinanced by issuing shares of the company's common stock. In its Dalance sheet for the current year ended December 31 , the company should report the note as a current liability Report the note as a long-term liability

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