What is the current liabilities

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Reference no: EM133017184

The following are the loan payable balances as of December 31, 2020

12% interest paid every January 1, loan is payable after 3 years, dated September 1, 2020 2,000,000

10% interest paid every Dec 31, 500,000 of loan is payable every June 30 until June 30, 2025 3,000,000

15% interest paid every June 30, loan is payable on June 30, 2021 1,000,000

What is the current liabilities related to the loans payable as of December 31, 2020?

Reference no: EM133017184

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