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The beginning and ending balances of long-term debt are $69,000 and $38,200, respectively, and, cash payments for long-term debt during the year were $37,100.
The beginning and ending balances of long-term debt are $69,000 and $38,200, respectively, and, cash payments for long-term debt during the year were $37,100. How much new long-term debt was issued during the year?
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Financial Accounting Tools for business decision making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
978-1119191674, 047053477X, 111919167X, 978-0470534779
