List A List B 1. Face amount x Interest rate x Time a. Informal agreement 2. Payable with current assets b. Secured loan Short-term debt to be refinanced with common stock. Present value of interest plus present value of Refinancing prior to the issuance of the financial statements d. Accounts payable e. Accrued liabilities f. Commercial paper g. Current liabilities h. Long-term liability i. Usual valuation of liabilities j. Interest on debt k Customer advances I. Customer deposits 4 rincipal 5. Noninterest-bearing 6. Noncommitted line of credit 7. Pledged accounts receivable 8. Reclassification of debt 9. Purchased by other corporations 10. Expenses not yet paid 11. Liability until refunded 12. Applied against purchase price