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Take me to the text On September 1, 2019, Verico Company borrowed $468,000 from the local bank. The note is payable in equal installments over
Take me to the text On September 1, 2019, Verico Company borrowed $468,000 from the local bank. The note is payable in equal installments over 4 years. Do not enter dollar signs or commas in the input boxes. a) Write the journal entry to record the note payable. Date Account Title and Explanation Debit Credit Sep 1 Cash 468000 468000 Notes Payable Record a note payable from the bank b) How much of the note payable would be considered current on September 1, 2019? Round your answer to the nearest whole dollar. Current Portion: $
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