The current portion of long-term notes payable is ________.

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Question:The current portion of long-term notes payable is ________.

1.The amount of principal that will be paid within five years

2.Included with the long-term liabilities on the balance sheet

3.Recorded an adjusting entry

4.Reclassified as current for reporting purposes on the balance sheet

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  1. The current portion of long-term notes payable is ________.
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