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3 Andre Question 16 Not yet answered Marked out of 3.00 Dread Company issued a five-year interest bearing note payable for $100,000 on January 1,

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3 Andre Question 16 Not yet answered Marked out of 3.00 Dread Company issued a five-year interest bearing note payable for $100,000 on January 1, 2019. Each January 1 beginning on January 1, 2020, the company is required to pay $20,000 on the note. How will this note be reported on the December 31, 2019 balance sheet? P Flag question Select one: O a. Long term liabilities $100,000 O b. None of the above O C. Long term liabilities $80,000; current liabilities $20,000 O d. Current liabilities $100,000 O e. Long term liabilities $20,000; current liabilities $80,000 stion 17 The principal of a $20,000, 9%, 36-day note receivable

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