Long-term debt that matures within one year and is to be converted into stock should be reported

Long-term debt that matures within one year and is to be converted into stock should be reported

a. as a current liability.
b. in a special section between liabilities and stockholders' equity.
c. as noncurrent.
d. as noncurrent and accompanied with a note explaining the method to be used in its liquidation.


Answer: as noncurrent and accompanied with a note explaining the method to be used in its liquidation