Question: If a notes payable is reclassified from a long-term liability to a short-term liability, then O A. the amount of total liabilities stays the same.

If a notes payable is reclassified from a long-term liability to a short-term liability, then O A. the amount of total liabilities stays the same. B. the total liabilities increase. C. long-term liabilities increase. OD. current liabilities decrease

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