Question: on august 1 , 2 0 2 7 , a company borrowed cash and signed a one - year interest - bearing note on which

on august 1,2027, a company borrowed cash and signed a one-year interest- bearing note on which both the face value and interest are payable on August 1,2028. How will the note payable and the related interest be classified on the December 31,2027, balance sheet

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