TALI the Which statement is true concerning the presentation of debt in financial statements? O Companies often list Salaries and Wages Payable first in the current liabilities section. O Companies with a large amount of debt usually report long-term liabilities on the balance sheet just before current liabilities. O Companies report current maturities of long-term debt as a current liability. O Companies report the portion of long-term debt maturing after the current year as a current liability