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TB TF Qu.8-24 Long-term obligations such as notes, mortgages, and ... Long-term obligations...

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Accounting

TB TF Qu.8-24 Long-term obligations such as notes, mortgages, and ...
Long-term obligations such as notes, mortgages, and bonds are reported as long-term liabilities when they become payable within one year of the balance sheet date.
True or False
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