Question: i need help here, a)Crenshaw Building Supply Co. has a number of long-term bonds outstanding at December 31, 2017. These long-term bonds have the following
i need help here,
a)Crenshaw Building Supply Co. has a number of long-term bonds outstanding at December 31, 2017. These long-term bonds have the following sinking fund requirements and maturities for the next 6 years.
Sinking Fund Maturities
2018$600,000$200,000
2019200,000250,000
2020200,000200,000
2021400,000
2022400,000 300,000
2023400,000 200,000
Indicate how this information should be reported in the financial statements at December 31, 2017.
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