Question: Current portion of Long - Term Debt reports the amount of Blank _ _ _ _ _ _ and is reported on the Blank _

Current portion of Long

-

Term Debt reports the amount of Blank

______

and is reported on the Blank

______.

Multiple choice question.debt borrowed in the current year that is not due within the year; income statementlong

-

term debt that is reclassified because it is due within the year; balance sheetdebt borrowed in the current year that is not due within the year; balance sheetlong

-

term debt that is reclassified because it is due within the year; income statement

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