Question: BE11.6 Presented below are non-current liability items for Suarez AG at December 31, 2020. Prepare the non-current liabilities section of the statement of financial position

BE11.6

Presented below are non-current liability items for Suarez AG at December 31, 2020. Prepare the non-current liabilities section of the statement of financial position for Suarez.

Bonds payable, due 2022................CHF500,000

Lease liability .............................................72,000

Notes payable, due 2025 ..........................80,000

BE11.6 Presented below are non-current liability

Prepare the entry to on December 31, 2021. BE11.6 (LO 4) Presented below are non-current liability items for Suarez AG at December 31, 2020. Prepare the non-current liabilities section of the statement of financial position for Suarez. Bonds payable, due 2022 CHF500,000 Lease liability 72,000 Notes payable, due 2025 80,000 BE11.7 (LO 4) Shaffer Lid. is considering two alternatives to finance its construction of a new E2 mil- lion plant. a. Issuance of 200,000 ordinary shares at the market price of E10 per share

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