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Believe, inc. has a calendar year end. on january 25, 2017 while preparing the 2016 financial statements, believe, inc. refinanced a $2 million, 30-year term note payable, which was due on march 31st, 2017. the new note has a 20-year term. in the december 31st, 2016 balance sheet, how should the $2 million debt be classified?
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Believe, inc. has a calendar year end. on january 25, 2017 while preparing the 2016 financial statem...
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