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Nettie Inc. signed a 4 year note for $40,000 on August 1, 2015 $10,000 is due each year with the first payment made on August

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Nettie Inc. signed a 4 year note for $40,000 on August 1, 2015 $10,000 is due each year with the first payment made on August 1, 2016. How will this be shown on the balance sheet on December 31, 2015 a $10.000 will be recorded as a long term liability b. 540.000 will be recorded as a current liability $30,000 will be recorded as a longterm liability d. 540.000 will be recorded as a long-term liability

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