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according to step3, the entry impacts the balance sheet is notes payable decreased $1,500,000 (current portion) and common stock increase $1,500,000, how can we know

according to step3, the entry impacts the balance sheet is notes payable decreased $1,500,000 (current portion) and common stock increase $1,500,000, how can we know the notes payable (non-current liability) increases 1500000

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