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ABC Company has a $63 million liability at December 31, 2021, of which $17 million is payable in 2022. In its December 31, 2021 balance
ABC Company has a $63 million liability at December 31, 2021, of which $17 million is payable in 2022. In its December 31, 2021 balance sheet, the company reports the $63 million debt as a: 13 Multiple Choice 8 01:40:05 $46 million current liability and a $17 million long-term liability in the balance sheet. O $17 million current liability and a $46 million long-term liability in the balance sheet. U $63 million long-term liability in the balance sheet. $63 million current liability in the balance sheet. O
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