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ABC firm borrowed 5 million debt on Dec 30, 2015. The debt is due on Dec 30, 2020. How should ABC report the debt on

ABC firm borrowed 5 million debt on Dec 30, 2015. The debt is due on Dec 30, 2020. How should ABC report the debt on the financial statement ending Dec 31, 2019?

a) debt in the equity section of balance sheet

b) report separately in the long term liability section on the balance sheet

c) Current liability on the balance sheet

d) Long term debt on the balance sheet

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