Multiple Choice Question 101 On January 1, 2017, Blossom Company, a calendar year company, issued...
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Accounting
Multiple Choice Question 101 On January 1, 2017, Blossom Company, a calendar year company, issued $666000 of notes payable, of which $167000 is due on January 1 for each of the next four years. The proper balance sheet presentation on December 31, 2017, is: Current liabilities, 5499000; Long-term Debt, $167000. Long-term debt, $666000 O Current liabilities, $666000 Current liabilities, $167000; Long-term Debt, $499000 Click if you would like to show Work for this question: Open Show Work
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