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Concord Luxuries Company issued a four - year interest - bearing note payable for $ 6 0 7 0 0 0 on January 1 ,
Concord Luxuries Company issued a fouryear interestbearing note payable for $ on January Each January the company is required to pay $ on the note. How will this note be reported on the December balance sheet?
Longterm debt, $; Longterm debt due within one year, $
Longterm debt, $
Longterm debt, $; Longterm debt due within one year, $
Longterm debt, $
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