Company set aside a certain amount of money to pay off a two-year long term...
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Accounting
Company set aside a certain amount of money to pay off a two-year long term loan. these cash are thus restricted. under which section of the balance sheet is this cash restricted for future loan payment reported?
Current assests
b. non-current assets
current liabilities
stockholders equity
I COULDNT SEE THE WHOLE QUESTIONS SO SOME WORDS MAY NOT MAKE SENSE BUT ITS THE OVERALL IDEA OF THE QUESTION
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