If a Payment of Principal Is Due in 13 Months

question 22

Multiple Choice

If a payment of principal is due in 13 months on a long-term liability,that payment will now appear on the balance sheet as:

• A) a current liability.
• B) long-term debt.
• C) cash.
• D) interest expense.

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Definitions:

Decrease In Movement

A reduction in physical activity, which can be due to various factors such as aging, health conditions, or lifestyle choices.

Neural Development

The process by which the nervous system, including the brain and spinal cord, forms, grows, and matures throughout prenatal development and after birth.

Maternal Attitudes

The beliefs, feelings, and behaviors exhibited by a mother toward her child, which can significantly influence the child's development.

Fetal Development

The process of growth and maturation of a fetus inside the womb, from conception to birth, involving major physiological and anatomical changes.