Question: 1) calculate the current portion of each note payable 2) calculate the non-current portion of each note payable 3) calculate any interest payable at december

Splish Brothers Enterprises has three notes payable outstanding on December 31, 2024, 

1) calculate the current portion of each note payable 2) calculate the non-current portion of each note payable 3) calculate any interest payable at december 31 2024 Splish Brothers Enterprises has three notes payable outstanding on December 31, 2024, as follows: 1. A six-year, 6%,$63,0006%,$63,000 note payable issued on March 31, 2024. Splish Brothers Enterprise 2 answers

Splish Brothers Enterprises has three notes payable outstanding on December 31, 2024, as follows: 1. 2. 3. A six-year, 6%, $63,000 note payable issued on March 31, 2024. Splish Brothers Enterprises is required to pay $12,600 plus interest on March 31 each year starting in 2025. A seven-month, 6%, $30,000 note payable issued on July 1, 2024. Interest and principal are payable at maturity. A 30-month, 4%, $108,000 note payable issued on September 1, 2024. Splish Brothers Enterprises is required to pay $3,600 plus interest on the first day of each month starting on October 1, 2024. All payments are up to date.

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