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Excluding current maturities of long-term debt from current liabilities can be done when a. it...

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Question

Accounting

Excluding current maturities of long-term debt from current liabilities can be done when

a.

it will be converted into stock.

b.

the company enters into a financing agreement that permits the company to refinance the debt on a long-term basis.

c.

it will be paid off using amounts from a bond sinking fund.

d.

all of these answers are correct

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