Business, 07.05.2020 12:01, karenaustin5

On September 1, 2021, Southwest Airlines borrows $39.4 million, of which $6.8 million is due next year. Show how Southwest Airlines would record the $39.4 million debt on its December 31, 2021, balance sheet. (Enter your answers in dollars, not millions. For example, $5.5 million should be entered as 5,500,000.)

Is there a long term liability?

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On September 1, 2021, Southwest Airlines borrows $39.4 million, of which $6.8 million is due next ye...