Question
Cash reserved for the payment of a bond due in 2 years is a: A. Current asset on the balance sheet. B. Current liability on
Cash reserved for the payment of a bond due in 2 years is a:
| A. | Current asset on the balance sheet. |
| B. | Current liability on the balance sheet. |
| C. | Long term asset on the balance sheet. |
| D. | Long term liability on the balance sheet. |
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Introduction To Managerial Accounting
Authors: Peter Brewer, Ray Garrison, Eric Noreen
4th Edition
0073379352, 9780073379357
