A short-term payable may be the current portion of a long-term liability, which arises when the next payment on such a debt will be made out of current assets.

Name: A short-term payable may be the current portion of a long-term liability, which arises when the next payment on such a debt will be made out of current assets.
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The Answer of A short-term payable may be the current portion of a long-term liability, which arises when the next payment on such a debt will be made out of current assets.

A Short-Term Payable May Be the Current Portion of a Long-Term