20) The current portion of long-term debt should be reported: 20) A) Separately in the long-term liabilities section of the balance sheet. B) In a separate section of the balance sheet, between long-term liabilities and shareholders' equity. C) In the long-term liabilities section of the balance sheet, along with the other long-term debt. D) In the current liabilities section of the balance sheet.
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Home » Business » 20) The current portion of long-term debt should be reported: 20) A) Separately in the long-term liabilities section of the balance sheet. B) In a separate section of the balance sheet, between long-term liabilities and shareholders' equity.