a.
Concept Introduction:
Long-term Debt: Companies report long-term debt as non-current liability due and payable within a period greater than one year from the balance sheet date.
The amount of the current portion of the long-term debt.
b.
Concept Introduction:
Debt: Debt refers to the amount that is being borrowed from a lender and that amount is being to be paid along with interest after some specific period.
The amount of debt that will mature over the next 5 years.
c.
Concept Introduction:
Debt: Debt refers to the amount that is being borrowed from a lender and that amount is being to be paid along with interest after some specific period.
The difference in liabilities if the company reported the debt at fair values.
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