Question: Diva Co. has an outstanding five-year, 5%, $120,000 note payable issued on September 30, 2021. Diva Co. is required to pay $2,000 plus interest
Diva Co. has an outstanding five-year, 5%, $120,000 note payable issued on September 30, 2021. Diva Co. is required to pay $2,000 plus interest at the end of each month starting on October 31, 2021. All payments are up to date. Ignoring interest, on December 31, 2021, what is the amount of the note payable to be included as non-current liabilities: Choose.... O current liabilities: Choose... +
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