Question
Henry's company is preparing a detailed financial report. They are honest with their potential investors and want to explain the nature of their $350,000
Henry's company is preparing a detailed financial report. They are honest with their potential investors and want to explain the nature of their $350,000 in long-term notes payable. Where should this be disclosed? a In a footnote b In the operating activity of a cash flow statement C In the liabilities side of a balance sheet d In the assets side of a balance sheet
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Advanced Financial Accounting
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
10th edition
78025621, 978-0078025624
