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question in accounting please answer as soon as possible 9 Suppose a hotel has $40,000 of long-term debt at year end. Of this amount. $10,000
question in accounting
9 Suppose a hotel has $40,000 of long-term debt at year end. Of this amount. $10,000 must be repaid within the next year. Which of the following statements is true? a) The classified balance sheet would show $50,000 of long-term debt under the heading "Long-term liabilities." b) The classified balance sheet would show $30,000 of long-term debt under the heading "Current liabilities." The classified balance sheet would show $30,000 of long-term debt under the heading "Long-term liabilities." d) The classified balance sheet would show $40.000 of long-term debt under the heading "Current liabilities." Leave blank please answer as soon as possible
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