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Which of the following would create a current liability?
Selling an asset and taking back a short-term note in lieu of cash.
A one-year operating lease that results in a right-to-use asset.
The issuance of a 20-year bond.
A month-to-month agreement rental agreement.
Box 1:
Select the best answer
A one-year operating lease that results in a right-to-use asset.
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