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Modest Mouse has a note payable due in six months as of year-end, December 31st. They refinance the note on a long-term basis after year-end
Modest Mouse has a note payable due in six months as of year-end, December 31st. They refinance the note on a long-term basis after year-end but before the filing of the financial statements. How should the company disclose this note on the balance sheet? Select one: O a. Current Asset b. Non-Current Liability c. Non-Current Asset d. Current Liability
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