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On January 1, 2017, Oriole Company, a calendar year company, issued $2120000 of notes pavable, of which $530000 is due on January 1 for each
On January 1, 2017, Oriole Company, a calendar year company, issued $2120000 of notes pavable, of which $530000 is due on January 1 for each of the next four years. The proper balance sheet presentation on December 31, 2017, is Long-term debt, $2120000 Current liabilities, $2120000. Current abilities, $530000; Long-term Debt, $1060000. Current liabilities, $530000: Long-term Debt, $1590000 Question Attempts: 0 of 1 ased SAVE FOR LArE ANIT ANSWERS Proacy ven 424 s5 417 PM ent CALOMAROR PRINTER VERSEO LL SCREN NETT 8ACK Multiple Choice Question 12 Tamarisk, Inc. typically sells sbsaiptions on an annual basis, and publishes6 times a vear, The magazine sells 93600 subsriptions in January at $12 each, What entry is made in January to record the sale of the subsariptions Prepaid Subscriptions 1123200 Cach 1123200 Subooriptions Receivable 1123200 Subscription Raevenue 1123200 Cash 11232004 Uneamed Subeoiption evence 1123200 subscriptions Receivable Unearned Subsolption Revenue 187200 82200 Qtion Attempts of 1 used SA FOR LAres e 417 mM
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