Question
The beginning and ending balances of long term debt are 61,500 and 35,400, respectively, and cash payments for long term debt during the year were
The beginning and ending balances of long term debt are 61,500 and 35,400, respectively, and cash payments for long term debt during the year were 35,100. How much new long term debt was issued during the year?
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Cornerstones of Managerial Accounting
Authors: Maryanne M. Mowen, Don Hanson, Dan L. Heitger, David McConomy, Jeffrey Pittman
2nd Canadian edition
978-0176721237, 978-0176530884
