![SOLVED: 7. The current portion of long-term debt should be reported in the current liabilities section of the balance sheet. In a separate section of the balance sheet, between long-term liabilities and SOLVED: 7. The current portion of long-term debt should be reported in the current liabilities section of the balance sheet. In a separate section of the balance sheet, between long-term liabilities and](https://cdn.numerade.com/ask_images/b42b5700655e4cadb3df49bc50df38b3.jpg)
SOLVED: 7. The current portion of long-term debt should be reported in the current liabilities section of the balance sheet. In a separate section of the balance sheet, between long-term liabilities and
![PPT - Long-Term Liabilities , Bonds Payable, and Classification of Liabilities on the Balance Sheet PowerPoint Presentation - ID:1672705 PPT - Long-Term Liabilities , Bonds Payable, and Classification of Liabilities on the Balance Sheet PowerPoint Presentation - ID:1672705](https://image1.slideserve.com/1672705/s11-1-accounting-for-a-long-term-note-payable1-l.jpg)
PPT - Long-Term Liabilities , Bonds Payable, and Classification of Liabilities on the Balance Sheet PowerPoint Presentation - ID:1672705
![SOLVED: Current Portion of Long-Term Debt Long-term debt is comprised of the following: December 31 Current Year Preceding Year Total Notes payable 479,400263,700 Less current portion (139,000) (129,400) Long-term debt 340,400134,300 a. SOLVED: Current Portion of Long-Term Debt Long-term debt is comprised of the following: December 31 Current Year Preceding Year Total Notes payable 479,400263,700 Less current portion (139,000) (129,400) Long-term debt 340,400134,300 a.](https://cdn.numerade.com/ask_images/fcc3ec1e9e7149798f504c2d935310dd.jpg)
SOLVED: Current Portion of Long-Term Debt Long-term debt is comprised of the following: December 31 Current Year Preceding Year Total Notes payable 479,400263,700 Less current portion (139,000) (129,400) Long-term debt 340,400134,300 a.
![Current Portion of Long-term Debt - Wize University Introduction to Financial Accounting Textbook | Wizeprep Current Portion of Long-term Debt - Wize University Introduction to Financial Accounting Textbook | Wizeprep](https://d3rw207pwvlq3a.cloudfront.net/attachments/000/141/130/images/img_poster.0000000.jpg?1615772210)