A company has long-term notes payable outstanding that were issued ten years ago. They are classified as
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A company has long-term notes payable outstanding that were issued ten years ago. They are classified as longterm liabilities. These notes are due in the middle of the next year. Other than interest, will any adjustments be needed to properly report these notes payable?
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Related Book For 
Financial Accounting A Decision Making Approach
ISBN: 9780471328230
2nd Edition
Authors: Thomas E. King, Valdean C. Lembke, John H. Smith
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