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on january 5 thomas company, a calendar year company, issued 1,000,000 of notes payable, of which 250,000 is due on january 1 each of the

on january 5 thomas company, a calendar year company, issued 1,000,000 of notes payable, of which 250,000 is due on january 1 each of the next four years. the proper balance sheet presentation on december 31 is

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