Question: On March 1, 2016, Baker Services issued a 5% long-term notes payable for $25366. It is payable over a 3-year term in equal annual principal

On March 1, 2016, Baker Services issued a 5% long-term notes

payable for $25366. It is payable over a 3-year term in equal

annual principal payments on March 1 of each year plus interest, beginning

March 1, 2017. What will be the balance of the Notes Payable

On March 1, 2016, Baker Services issued a 5% long-term notes payable for $25366. It is payable over a 3-year term in equal annual principal payments on March 1 of each year plus interest, beginning March 1, 2017. What will be the balance of the Notes Payable account December 31, 2016? Answer in dollars and cents ($ 0.00)

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