Answer
Long-term assets section
Work Step by Step
Restricted cash for debt redemption should be reported under the long-term assets section, considering that the debt is long, it's only proper for us to do the same to the item.
Intermediate Accounting (16th Edition)
by Kieso, Donald E.; Weygandt, Jerry J.; Warfield, Terry D.
Published by
Wiley
ISBN 10:
1118743202
ISBN 13:
978-1-11874-320-1
Chapter 7 - Cash and Receivables - Review and Practice - Questions - Page 362: 4
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