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Preparing a Debt Disclosure As of December 31 of Year 1, Dole Company's long-term debt consisted of the following: - $114,300 - Unsecured note payable
Preparing a Debt Disclosure As of December 31 of Year 1, Dole Company's long-term debt consisted of the following: - $114,300 - Unsecured note payable to bank due Year 2. - \$405,000 - Unsecured note payable to bank due Year 4. - $540,000 - Unsecured note payable to bank due Year 6. - $81,000-Secured mortgage payable to bank due in equal installments in Year 2 through Year 6. - $144,000-Secured note payable to bank due in Year 7. Prepare the required financial statement disclosure at December 31 of Year 1 , indicating the amounts due in each of the next five years and thereafter
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