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What is the total current liabilities as of December

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Reference no: EM132991210

Question - Given

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

10% interest paid every December 31, 500,000 of loan is payable 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 total current liabilities as of December 31, 2020?

Reference no: EM132991210

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