Question: Windsor Enterprises has three notes payable outstanding on December 31, 2024, as follows: 1. 2. 3. (a) A six-year, 6%, $84,600 note payable issued on
Windsor Enterprises has three notes payable outstanding on December 31, 2024, as follows: 1. A six-year, 6%,$84,600 note payable issued on March 31, 2024. Windsor Enterprises is required to pay $14,100 plus interest on March 31 each year starting in 2025. 2. A seven-month, 5%,$38,400 note payable issued on July 1, 2024 interest and principal are payable at maturity. 3. A 30-month, 696,$156,000 note payable issued on September 1, 202p. Windsor Enterprises is required to pay $5.200 plus interest on the first day of each month starting on October 1,2024. All payments are up to date. (a) Calculate the current portion of each note payable
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