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How much of the note should Co show

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Question - Corp has a bond payable due on 3/1/19 for $150,000. On 3/10/19, Co enters into a financing agreement with the bank and borrows $30,000 that is not repayable for 3 years. Co publishes the 2018 financial statements on 3/15/19. How much of the $150,000 note should Co show as a current liability on the 2018 financial statements?

Reference no: EM132593553

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