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How much note should corp show as a current liability

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Question - Corp has a bond payable due on 3/1/19 for $150,000. On 3/10/19, Corp enters into a financing agreement with the bank and borrows $30,000 that is not repayable for 3 years. Corp publishes the 2018 financial statements on 3/15/19. How much of the $150,000 note should Corp show as a current liability on the 2018 financial statements?

a. $120,000

b. $150,000

c. $30,000

d. $0

Reference no: EM132593593

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