Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 47.referring to the loan schedule above, state the

47.Referring to the loan schedule above, state the amount that Botev Limited would report as...

50.1K

Verified Solution

Question

Accounting

image

47.Referring to the loan schedule above, state the amount that Botev Limited would report as a current liability on 30 June 2023.

48.Referring to the loan schedule above, state the amount that Botev Limited would report as a non-current liability on 30 June 2025.

49.Referring to the loan schedule above, state the dollar amount Botev Limited would report as an expense for the year ended 30 June 2029.

Date 30 June 2022 30 June 2023 30 June 2024 30 June 2025 30 June 2026 30 June 2027 30 June 2028 30 June 2029 30 June 2030 Payment ($) 85,356 85,356 85,356 85,356 85,356 85,356 85,356 85,356 85,356 Interest ($) 31,500 28,673 25,697 22,565 19,268 15,798 12,147 8,303 4,254 Principal ($) 53,856 56,683 59,659 62,791 66,088 69,558 73,209 77,053 81,102 Balance ($) 546,144 489,461 429,801 367,010 300,922 231,364 158,155 81,102 0

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students