Question: please answer both question would rate thank you Example of long-term investments do not include Commercial paper Land that is not used in operations Investments

please answer both question would rate thank you
Example of long-term investments do not include Commercial paper Land that is not used in operations Investments in equity and debt securities of other corporations Long-term receivables On July 1, 2019, a company signed a note to borrow $1,000,000 that required $100,000 in principal payments to be made at the end of June in each of the next 10 years. Which amount of long-term note payable would the company report on December 31, 2022? O $800,000 O $700,000 $600.000 O $1,000,000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
