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NEIN | what you are referring to. Has your bank been requiring borrowers to show the liability on the balance sheet? Should be shown as a partial current liability and then the balance a long term one. My guess is not. I have been saying this for several years but no one listens or seem s to care. I guess if this 10k land is being bought with cash, and thus after tax dollars, there is no problem. I suspect that is not the case though. | |
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