What is the definition of the Current portion of long-term debt (CPLTD) account?

Group of answer choices

A.The amount of long-term debt principal payable within the next 12 months

B.An existing, uncertain situation that might result in a loss.

C.Based on the matching principle, the company needs to record warranty expense in the same accounting period as the sale.

D.Sales taxes collected from customers to be remitted periodically to the state and local governments