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Question 2 4 . Torpedo plc took out a bank loan on 1 April 2 0 0 for $ 1 0 , 0 0 0

Question 24. Torpedo plc took out a bank loan on 1 April 200 for $10,000. It is due to be paid back in equal monthly instalments of $250, starting on 1 May 200. How should Torpedo include the loan in its statement of firtancial position at 30 June 200?
A non-current liability of $9,500
A current liability of $3,000 and a non-current liability of $7,000
A non-current liability of $10,000
A current liability of $3,000 and a non-current liability of $6,500
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