The current portion of notes payable would normally be shown on the balance sheet in long-term liabilities.

Name: The current portion of notes payable would normally be shown on the balance sheet in long-term liabilities.
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The current portion of notes payable is the portion of the debt that is due within the current fiscal year. Therefore, it would be shown in the current liabilities section of the balance sheet, not in long-term liabilities.

The Current Portion of Notes Payable Would Normally Be Shown