Homework Answers
Answer
C. After the first payment is made, $ 5000 would be shown as current portion on long term loan.
Explanation-
After first payment of 5000 the pending 15000 out of which 5000 will be shown in current liabilites and 10000 in long term liability. As 5000 is payable within 12 months.
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Please Put All Answers + Formulas for excel
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hi, I need help about it:
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