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your company will make the following principal payments: 2019, $3,200; 2020, $4,800,2021, $6,400, and 2022, 59,600. Show how this loan will be reported in the

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your company will make the following principal payments: 2019, $3,200; 2020, $4,800,2021, $6,400, and 2022, 59,600. Show how this loan will be reported in the December 31, 2019 and 2018 balance sheets, assuming principal payments will be made when required. Balance Sheet (Partial) As of December 31 2019 18 Current Liabilities Current Portion of Long-term Debt Other Noncurrent Liabilities Total Liabilities

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