asked 123k views
20 votes
Any portion of the bonds payable that is due within one year is

a. reported as a current liability on the balance sheet.
b. reported as a noncurrent liability on the balance sheet.
c. disclosed in the notes to the financial statements only.
d. not reported or disclosed in any way.

asked
User Garo
by
8.2k points

1 Answer

9 votes
A. Reported as a current liability on the balance sheet
answered
User Pervy Sage
by
8.7k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.