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Need computation thanks a On January 1, 2017, Bershire Inc. signed a note payable of $ 150,000 bearing interest and maturing in 5 years. The
Need computation thanks
a On January 1, 2017, Bershire Inc. signed a note payable of $ 150,000 bearing interest and maturing in 5 years. The capital payments are equal and are made monthly. Interest is paid once a year on December 31st. What will be the amount of the short-term portion of the long-term note payable to be presented on the balance sheet at December 31, 2019? A) 2500$ B) 90 000$ C) 30 000$ D) 120 000$ E) 60 000$ Step by Step Solution
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