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husne husne
wrote...
Posts: 180
5 years ago
When the maturity date of a bond issue is within one year or the operating cycle (whichever is
longer) of the current balance sheet date, the bond liability should be reclassified as a current
liability (assuming the payment will be made out of current assets).
[True or False?]
Textbook 
Intermediate Accounting, Volume 2

Intermediate Accounting, Volume 2


Edition: 5th
Authors:
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jloper25jloper25
wrote...
Posts: 172
5 years ago
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husne Author
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5 years ago
Thank you for responding so quickly, you're my hero
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