Henry's company is preparing a detailed financial report. They are honest with their potential investors and want to explain the nature of their $350,000 in long-term notes payable. Where should this be disclosed? a b с d In a footnote In the operating activity of a cash flow statement In the liabilities side of a balance sheet In the assets side of a balance sheet

Henry's company is preparing a detailed financial report. They are honest with their potential investors and want to explain the nature of their $350,000 in long-term notes payable. Where should this be disclosed? a b с d In a footnote In the operating activity of a cash flow statement In the liabilities side of a balance sheet In the assets side of a balance sheet

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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