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On September 1, 2018, Southwest Airlines borrows $39.9 million, of which $7.8 million is due next year. Show how Southwest Airlines would record the $39.9
On September 1, 2018, Southwest Airlines borrows $39.9 million, of which $7.8 million is due next year. Show how Southwest Airlines would record the $39.9 million debt on its December 31 2018, balance sheet. (Enter your answers in dollars, not in millions (i.e. 5 should be entered as 5,000,000).) SOUTHWEST AIRLINES Partial Balance Sheet December 31, 2018 Current liabilities Current portion of long-term debt Long-term liabilities: Notes payable Total liabilities
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