Long-term liabilities are recorded in the books at their:
A)net present value.
B)net amount.
C)net realizable value.
D)gross amount.

Name: Long-term liabilities are recorded in the books at their: A)net present value. B)net amount. C)net realizable value. D)gross amount.
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Long-term liabilities are recorded in the books at their net present value, which takes into account the time value of money, reflecting the current worth of the future cash flows associated with the liability.

Long-Term Liabilities Are Recorded in the Books at Their