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On March 1, 2024, Barker Services issued a 3% long-term notes payable for $20,000. It is payable or payable be shown on the balance sheet

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On March 1, 2024, Barker Services issued a 3% long-term notes payable for $20,000. It is payable or payable be shown on the balance sheet dated December 31, 2024? A. the entire $20,000 shown as long-term liability O B. $4,000 shown as current liability and $16,000 shown as long-term liability O c. $20,000 shown as current liability only OD. $4,000 shown as current liability and $20,000 shown as long-term liability for $20,000. It is payable over a 5-year term in $4,000 annual principal payments on March 1 of each year plus interest, beginning March 1, 2025. How will the notes an liability arm liability

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