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Principal and interest expenditures on general long-term debt should be recognized in the period That the costs are incurred. Prior to the year in which

Principal and interest expenditures on general long-term debt should be recognized in the period

That the costs are incurred.

Prior to the year in which they are due, i.e., when they become short-term debt.

That they are legally due and payable.

That they are paid.

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Principal and interest expenditures on general long-term debt should be recognized in the period That the costs are incurred. Prior to the year in which

Principal and interest expenditures on general long-term debt should be recognized in the period That the costs are incurred. Prior to the year in which they are due, i.e., when they become short-term debt. That they are legally due and payable. That they are paid.

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Principal and interest expenditures on general long-term debt should be recognized in the period

That the costs are incurred.

Prior to the year in which they are due, i.e., when they become short-term debt.

That they are legally due and payable.

That they are paid.