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plz solve it before 20 min plz On January 1, 2021, Coronado Limited issues a $44,700,2% 3-year note payable. The note calls for three annual
plz solve it before 20 min plz
On January 1, 2021, Coronado Limited issues a $44,700,2% 3-year note payable. The note calls for three annual payments of $15,500, blended principal and interest. The first payment is to be made on December 31, 2021. 1. Prepare an installment payment schedule for the note. (12 marks) 2. What amounts would be reported as current and non-current in the liabilities section of the balance sheet at December 31, 2021? (2 marks)Step by Step Solution
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