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A company has issued new 3-year bonds at par in each of the last five years. On the company's balance sheet, principal due on its
A company has issued new 3-year bonds at par in each of the last five years. On the company's balance sheet, principal due on its bonds will appear as:
both current and long-term liabilities. | ||
long-term liabilities only. | ||
current liabilities only. |
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