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Brief Exercise 8-9 Report current portion of long-term debt (LO8-4) On September 1, 2021, Southwest Airlines borrows $39 2 million, of which $6.4 million
Brief Exercise 8-9 Report current portion of long-term debt (LO8-4) On September 1, 2021, Southwest Airlines borrows $39 2 million, of which $6.4 million is due next year. Show how Southwest Airlines would record the $39.2 million debt on its December 31, 2021, balance sheet. (Enter your answers in dollars, not millions. For example, $5.5 million should be entered as 5,500,000.) Current liabilities SOUTHWEST AIRLINES Partial Balance Sheet December 31, 2021 Current portion of long-term debt Long-term liabilities nces Notes payable Total abilities $ 0
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