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Question - On December 1, 2016, Fine Dining Products borrowed $84,000 on a 12%,, five year note with annual installment payments of $16800 plus interest due on December 1 of each succeeding year. On December 1, the principal amount was recorded as a long term note payable. What amount of the note payable will be shown as current portion of long-term notes payable on the balance sheet as of December 31, 2016.
Begin a response to this statement with your assertion - Agree or Disagree - then provide reasoning to support your assertion.
Notes Payable. Rubio Company had the following borrowing activity. Rubio has a borrowing rate of 5 percent on its other debt.
Define marketing and outline the steps in the marketing process. - What is marketing myopia, and how can it be avoided?
Mounts Corporation produces and sells two products. In the most recent month,
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gaga company established a 250 petty cash fund on january 1 2011. on march 1 2011 the fund contained 160 in receipts
What is the purpose of the statement of cash flows? As a flows statement, explain how it differs from the income statement.
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you are a manager in a fictitious company of your choice. your director has asked you to explain to the department
1.horse creek company had beginning inventory of 34000 purchases of 210000 purchase returns of 13000 and ending
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