Obtain the relevant authoritative literature on classification of debt expected to be financed using the FASB ASC. Determine the criteria for reporting the currently payable debt as long-term. What is the specific codification citation that the corporation would rely on in applying that accounting treatment (an example of a proper citation reads as follows: [FASB ASC 220-25-45])?

I need the right FASB codification that is relevant to the classification of debt and the criteria that need to be met when reporting current payable debt as long-term!