Answers
Total Cost of Equipment = $ 2,80,000
Annual Installments = $ 56,000
Total no. of installments = $ 2,80,000/$56,000 = 5 installments
The current portion of long-term debt is the amount of principal that will be due within one year of the date of the balance sheet.
Since Balance sheet is prepared on 31 December, one installment is due within one year
Current portion of long term debt = 56000
Long Term notes payable (Balance)
.Similar Solved Questions
1 answer
Consider a family of four people, aged 8, 10, 33, and 37 as a population a) Calculate the population variance and standard deviation for the ages. Show your work step by step b) Random samples of siz...
Consider a family of four people, aged 8, 10, 33, and 37 as a population a) Calculate the population variance and standard deviation for the ages. Show your work step by step b) Random samples of size two are drawn with replacement from this population and their ages are recorded Find the variance a...
1 answer
Which of the following promises is subject to the "strict performance" standard? Group of answer choices...
Which of the following promises is subject to the "strict performance" standard? Group of answer choices a. A promise to paint a house b. A promise to deliver a deed c. A promise to destroy a building d. A promise to build a road...
1 answer
Please help with the blank starred problems!! if more info needs to be given, please tell...
Please help with the blank starred problems!! if more info needs to be given, please tell me what else you'd need because I don't know. VOOL Data report sheet. Name Desk # Room # Box 3. Weak base: data and calculations Measurements (a) Volume of weak base stock solution diluted 11.6...
2 answers
The horizontal range, R, is modeled by this formula: R(x)=(v^2*sin2(x))/32 The initial velocity (v) is 90ft per second
The horizontal range, R, is modeled by this formula: R(x)=(v^2*sin2(x))/32The initial velocity (v) is 90ft per second. The ball is pitched at an angle of x degrees with the horizontal. When x=26 degrees, the ball travels 200ft. At what other value of x will the ball travel 200ft?...
1 answer
Charge 1 of +5 micro-coulombs is located at the origin, charge 2 of -5 micro-coulombs is...
Charge 1 of +5 micro-coulombs is located at the origin, charge 2 of -5 micro-coulombs is located at x = 0 cm, y = -14 cm, and charge 3 of +3 micro-coulombs is located at x = -25 cm, y = 0 cm. What is the magnitude, in Newtons, of the total electric force acting on charge 1? Show all the work...
1 answer
(3.37) NOTE: The numerical values in this problem have been modified for testing purposes In its...
(3.37) NOTE: The numerical values in this problem have been modified for testing purposes In its Fuel Economy Guide for 2014 model vehicles, the Environmental Protection Agency gives data on 1160 vehicles, There are a number of high outliers, mainly hybrid gas-electric vehicles. If we ignore the veh...
1 answer
Required information The following information applies to the questions displayed below] During April, the prod...
Required information The following information applies to the questions displayed below] During April, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of these transferred units, 74,000 were in process in th...
1 answer
Let n be the outer unit normal of the elliptical shell S: 9x² + 16y2 +...
Let n be the outer unit normal of the elliptical shell S: 9x² + 16y2 + 1442? = 144, z 20, and let F = yi+x?j + (x3 +y+)32 xyz sin e k. Find the value of S[vxF•n do (Hint: One parameterization of the ellipse at the base of the shell is x = 4 cost y = 3 sint, Osts 2x.) S Sv «Fondo - 0 ...
1 answer
Balanced equation for Ammonium Carbonate + CuBr2
balanced equation for Ammonium Carbonate + CuBr2...
1 answer
Paul’s Pool Service provides pool cleaning, chemical application, and pool repairs for residential customers. Clients are...
Paul’s Pool Service provides pool cleaning, chemical application, and pool repairs for residential customers. Clients are billed weekly for services provided and usually pay 40 percent of their fees in the month the service is provided. In the month following service, Paul collects 50 percent ...
1 answer
2 pts Question 20 A wire whose resistivity, p=4.92 x 10 m has a length L...
2 pts Question 20 A wire whose resistivity, p=4.92 x 10 m has a length L = 26 m and a diameter of d = 6.1 x 10-4 m. What is the resistance of this wire in ohms, a? Please round your answer to one decimal place. Use this equation: R = . where A = -()*...
1 answer
Hulme Company operates a small manufacturing facility as a supplement to its regular service activities. At...
Hulme Company operates a small manufacturing facility as a supplement to its regular service activities. At the beginning of 2020, an asset account for the company showed the following balances: $ Manufacturing equipment. Accumulated depreciation through 2019 120,000 57,600 During 2020, the followin...
1 answer
4. Consider following right Triangle. Find the measurement of x 37x 13 5. Calculate the value...
4. Consider following right Triangle. Find the measurement of x 37x 13 5. Calculate the value of angle e 13 12 13 6. Use Sine rule to find the value of x 23 21° 35...
1 answer
Problem 13-90 (LO. 8) Pedro, age 57, is the sole owner of his principal residence, which...
Problem 13-90 (LO. 8) Pedro, age 57, is the sole owner of his principal residence, which he has owned and occupied for 10 years. Maria, his spouse, has also lived there 10 years. He sells the house for a realized gain of $340,000. If an amount is zero, enter "o". a. Can Pedro use the $ 121 e...
1 answer
Hello, please help thank you Electrochemistry Comparison reference electrodes SHE Calomel Silver/silver chloride H 21 1710...
hello, please help thank you Electrochemistry Comparison reference electrodes SHE Calomel Silver/silver chloride H 21 1710 Saturated So -KO Crystal KC1, 35 mol de Homeweck: cell diagram of SHE and Calomel el....