Brief Exercise 8-9 (Algo) Reclassify current portion of long-term debt (LO8-4) On September 1, 2024, Hawaiian Airlines borrows $46 million, and records the full amount as Notes Payable (long-term). On December 31, 2024 (balance sheet date), Southwest determines $9 million of the note is due next year, while the remaining $37 million is due in two years. Record the entry to reclassify the current portion of long-term debt. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not millions. For example, $5.5 million should be entered as 5,500,000.) View transaction list Journal entry worksheet