QUELVIR ZU A prior period adjustment that corrects income of a prior period requires that an entry be made to O a current year revenue or expense account. O the retained earnings account. O an asset account. O an income statement account. Question 1 X Your answer is incorrect. Try again. The current portion of long-term debt should O be paid immediately. be classified as a long-term liability. be reclassified as a current liability. O not be separated from the long-term portion of debt. LINK TO TEXT