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DD Ltd has the following information on its books as at the end of the year: o 10% Debenture - $160,000 o 10% Secured loan
DD Ltd has the following information on its books as at the end of the year: o 10% Debenture - $160,000 o 10% Secured loan - $100,000 o Debenture interest paid - $14,000 o Loan interest paid - $4,000 What figure will be recorded as a part of current liabilities in the statement of financial position for the secured loan specifically? Select one: a. $8,000 b. $18,000 c. $6,000 d. $2,000
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