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On December 31, 2014 Scooty Scooter Co. has a long term note payable of $100,000. Of that balance, $10,000 will be paid within one year

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On December 31, 2014 Scooty Scooter Co. has a long term note payable of $100,000. Of that balance, $10,000 will be paid within one year from the balance sheet date. How much of the note payable should Scooty Scooter Co. report as a long term liability when they prepare the December 31, 2014 balance sheet? $90,000 a $110,000 b $10,000 C Nothing. Disclose in a note to the financial d statements

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