Question
Lannister Inc. signed a $54,000 8% 15-year instalment note on December 1, 2018. The cote requires quarterly payments of 5000 plus interest on March
Lannister Inc. signed a $54,000 8% 15-year instalment note on December 1, 2018. The cote requires quarterly payments of 5000 plus interest on March 1, June 1, September 1, and December 1 of each year How wil Lady Th loan on its December 31, 2018 Balance Sheet? OA Current Portion of Long-term debt, $2.700: Long-term debt, 551,300 OB. Current Portion of Long-term debt, $1,800: Long-term debt. $52.200 OC. Current Portion of Long-term debt, $3.600, Long-term debt, $50,400 OD. Current Portion of Long-term debt, $900; Long-term debt, $53,100
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