Question
on March 1,2016 Baker services issued a 9% long term notes payable for 18000 over three year term in 6000 annual principle payments on March
on March 1,2016 Baker services issued a 9% long term notes payable for 18000 over three year term in 6000 annual principle payments on March 1 of each year, beginning March 1 2017. How will the note payable be shown on the balance sheet date on December 1 2016?
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Auditing Assurance Services and Ethics in Australia an Integrated Approach
Authors: Alvin A Arens, Peter J. Best, Greg Shailer, Brenton Fiedler
9th edition
978-1442539365, 1442539364
