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A company has issued new 3-year bonds at par in each of the last five years....

A company has issued new 3-year bonds at par in each of the last five years. On the company's balance sheet, principal due on its bonds will appear as:

both current and long-term liabilities.

long-term liabilities only.

current liabilities only.

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Answer #1

both current and long-term liabilities.

the above is answer..

because some bonds will have remaining maturity of one year (the bond issued in year 3) while others will have long term liability

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