Question: What is true about Long-Term versus Current notes (LO14-3)? O a. PV calculations are required to record both. O b. Long-term liabilities should be recorded

 What is true about Long-Term versus Current notes (LO14-3)? O a.

What is true about Long-Term versus Current notes (LO14-3)? O a. PV calculations are required to record both. O b. Long-term liabilities should be recorded using PV calculations. O c. Short-term or Current liabilities should be recorded using PV calculations. O d. Long-term liabilities should be recorded using maturity values

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