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Windsor, Inc. issued a five-year interest-bearing note payable for $258000 on January 1, 2019. Each January the company is required to pay $52000 on
Windsor, Inc. issued a five-year interest-bearing note payable for $258000 on January 1, 2019. Each January the company is required to pay $52000 on the note. How will this note be reported on the December 31, 2020, balance sheet? O Long-term debt, $258000 Long-term debt, $154000; Long-term Debt due within one year, $52000 O Long-term debt, $206000 Long-term debt of $206000; Long-term Debt due within one year, $52000 Save for Later Attempts: 0 of 1 used Submit Answer
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