On December 1 , 2 0 2 4 , your company borrowed $ 5 1 , 0 0 0 , a portion of which is to be repaid each year on November 3 0 Specifically, your company will make the following principal payments 2 0 2 5 , $ 6 , 8 0 0 2 0 2 6 , $ 1 0 , 2 0 0 2 0 2 7 , $ 1 3 , 6 0 0 and 2 0 2 8 , $ 2 0 , 4 0 0 Required Show how this loan will be reported in the December 3 1 , 2 0 2 5 and 2 0 2 4 balance sheets, assuming principal payments will be made when required table Balance Sheet ( Partial ) , , , As of December 3 1 , , , 2 0 2 5 , 2 0 2 4 , , , , , , , Total Liabilities,,

Question

On December 1 , 2 0 2 4 , your company borrowed $ 5 1 , 0 0 0 , a portion of which is to be repaid each year on November 3 0   Specifically, your company will make the following principal payments  2 0 2 5 , $ 6 , 8 0 0   2 0 2 6 , $ 1 0 , 2 0 0   2 0 2 7 , $ 1 3 , 6 0 0   and 2 0 2 8 , $ 2 0 , 4 0 0   Required  Show how this loan will be reported in the December 3 1 , 2 0 2 5 and 2 0 2 4 balance sheets, assuming principal payments will be made when required    table     Balance Sheet ( Partial ) ,   ,   , As of December 3 1 ,   ,   , 2 0 2 5 , 2 0 2 4   ,   , ,   ,   , ,   ,   Total Liabilities,,

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On December 1 , 2 0 2 4 , your company borrowed $ 5 1 , 0 0 0 , a portion of which is

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