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How much is the ending long-term debt account

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Problem 1: At the beginning of the year, Shinedown, Corp., had a long-term debt balance of $46,755. During the year, the company repaid a long-term loan in the amount of $12,630. The company paid $4,795 in interest during the year, and opened a new long-term loan for $11,145. How much is the ending long-term debt account on the company's balance sheet?

Reference no: EM132625976

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