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On October 30,2019 , Concord Corporation is sues a note payable of $293,000. The note is due on February 28 , 2020 and the balance
On October 30,2019 , Concord Corporation is sues a note payable of $293,000. The note is due on February 28 , 2020 and the balance sheet date is December 31,2019 . It plans to extend the maturity date of the loan to January 20. 2022. If the contract to refinance is completed on January 20,2020 what arnount of this short-term debt is excluded from current liabilities at December 31, 2019? a. $293,000 b. $200,000 c. $0 d $93,000
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