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Current Attempt in Progress Blossom Company issued a five-year interest-bearing note payable for $354000 on January 1, 2019. Each January the company is required to
Current Attempt in Progress Blossom Company issued a five-year interest-bearing note payable for $354000 on January 1, 2019. Each January the company is required to pay $71000 on the note. How will this note be reported on the December 31, 2020, balance sheet? O Long-term debt, $354000 O Long-term debt, $212000; Long-term Debt due within one year, $71000 O Long-term debt of $283000; Long-term Debt due within one year, $71000 O Long-term debt, $283000
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