Long-term debt that matures within one year and is to be converted into shares should be reported
A)as a current liability.
B)in a special section between liabilities and equity.
C)as part current and part non-current.
D)as non-current if the refinancing agreement is completed by the end of the year.

Question

Quizplus · Accepted Answer

The Answer of Long-term debt that matures within one year and is to be converted into shares should be reported
A)as a current liability.
B)in a special section between liabilities and equity.
C)as part current and part non-current.
D)as non-current if the refinancing agreement is completed by the end of the year.

Long-Term Debt That Matures Within One Year and Is to Be