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On December 31, 2022, Gamma Corporation reports a balance of $250,000 in its Notes Payable account. The balance consists of: A $100,000 note due
On December 31, 2022, Gamma Corporation reports a balance of $250,000 in its Notes Payable account. The balance consists of: A $100,000 note due on April 30, 2023 A $50,000 note due on September 30, 2026 A $100,000 note due in 4 annual installments of $25,000 each, with the next installment due March 1, 2023 What does Gamma Report as current liabilities for its Notes Payable? $150,000 $0 $250,000 $125,000 $200,000
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