Question

Carruthers Medical Group borrowed $300,000 on July 1, 2014, by issuing a 9% 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 Carruthers would report its current and long-term liabilities.


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  • CreatedJuly 08, 2015
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