Business
Business, 25.10.2019 00:43, jazzytazzyyy

Lionworks inc. signed a $57.000 8% 30-year installment note on november 1, 2016. the note requires semiannual payments of $950 plus interest on may 1 and november 1 of each year. how will lionworks this loan on its 31, 2016 balance sheet? a. current portion of long-term debt, $1,900; long-term debt, $55,100 b. current portion of long-term debt, $57,000; . long-term debt, $0 c. current portion of long-term debt, $0; long-term debt, $57.000 d. current portion of long-term debt, $950; long-term debt, $56.050

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Lionworks inc. signed a $57.000 8% 30-year installment note on november 1, 2016. the note requires s...

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