As a general rule, how should long-term liabilities be reported on the debtor's balance sheet?

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Intermediate Accounting

ISBN: 9781259722660

9th Edition

Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas

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Question Posted: Jul 05, 2013 06:49 AM

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As a general rule, how should long-term liabilities be reported on the debtor's balance sheet?

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Longterm liabilities are appropriately reported at their present values The p...View the full answer

Intermediate Accounting

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