Question
On April 1, 2018, the Electronic Superstore borrows $19 million of which $5 million is due in 2019. Show how the company would report the
On April 1, 2018, the Electronic Superstore borrows $19 million of which $5 million is due in 2019. Show how the company would report the $19 million debt on its December 31, 2018 balance sheet. (Enter your answers in dollars not in millions. For example, 7,000,000 rather than 7 million.)
Current Liabilities:
Long term Liabilities:
Total Liabilities:
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Financial Accounting For Non Specialities
Authors: Peter Atrill, Eddie McLaney
2nd Edition
0139833625, 9780139833625
