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On January 4, Dave's Scooters, which follows a calendar year, issued $2,500,000 of notes payable, of which $250,000 is due on January 1 each of
On January 4, Dave's Scooters, which follows a calendar year, issued $2,500,000 of notes payable, of which $250,000 is due on January 1 each of the next 10-years. The proper balance sheet presentation on December 31 is Current liabilities, $2,250000; Long-term debt, $250,000 Current liabilities, $250,000; Long-term debt, $2,250000 Long-term debt, $2,500,000 Current liabilities, $2,500,000
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Basic Principles Of Accounting A Guide For Toatal Beginners
Authors: Simon Udeh Andrew
1st Edition
979-8861488440
