Question: Bon Secour Medical Group borrowed 600 000 on July 1 2014

Bon Secour Medical Group borrowed $600,000 on July 1, 2014, by issuing a 14% long term note payable that must be paid in three equal annual installments plus interest each July 1 for the next three years.
Requirement
Insert the appropriate amounts to show how Bon Secour would report its current and long-term liabilities.

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  • CreatedJuly 08, 2015
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