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On December 31, 2024, Cristel Company had the following liabilities: Trade accounts payable 200,000 11% note payable, maturing in 5 equal installments on December 30,
On December 31, 2024, Cristel Company had the following liabilities: Trade accounts payable 200,000 11% note payable, maturing in 5 equal installments on December 30, 2025 through 2029 300,000 12% note payable, issued October 15, 2024, maturing February 15, 2025 80,000 On December 31, 2024 Cristel signed a binding agreement with its bank to refinance the 12% note through February 14, 2027, at a variable interest rate. What is the amount of Cristle's current liabilities on December 31, 2024
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