Provide an example of non-current liability.

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1) Provide an example of a non-current liability. 2) Near the end of a fiscal year, a hospital borrows $200,000 from their local bank, scheduled to be repaid over 5 years. Quarterly payments will be made combining interest on the unpaid balance and a payment of $10,000 on principal. The hospital’s balance sheet, prior to making the first of the scheduled payments, will show how much liability in current portion of long-term debt and in long-term debt net of current portion? 4.) The hospital in question 2 entered into a $200,000 equipment loan. Two years of payments have now been made. The hospital’s balance sheet will now show how much liability in current portion—long-term debt and in long-term debt—net of current portion?

Reference no: EM132071042

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