On September 1, 2024, Southwest Airlines borrows $41 million, of which $10 million is due next year.

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On September 1, 2024, Southwest Airlines borrows $41 million, of which $10 million is due next year. Show how Southwest Airlines would report the $41 million debt on its December 31, 2024, balance sheet.

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Financial Accounting

ISBN: 9781260786521

6th Edition

Authors: David Spiceland

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