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On April 1. 2015. the Electronic Superstore borrows $20 million of which $3 million is due in 2016. Show how the company would report the
On April 1. 2015. the Electronic Superstore borrows $20 million of which $3 million is due in 2016. Show how the company would report the $20 million debt on its December 31. 2015 balance sheet. (Enter your answers in dollars not in millions. For example, 7.000,000 rather than 7 million.)
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