On January 1.2021, Oriole Compary, a calendar-year comparry, issued $903000 of notes payable, of which...
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Accounting
On January 1.2021, Oriole Compary, a calendar-year comparry, issued $903000 of notes payable, of which $225750 is due on January 1 foc each of the next four years. The proper balance sheet presentation on December 31, 2021, is Current Lisbilities, \$451500, Long term Debt, $451500. Current Liabilities, $903000. Curcent Liabilities, $225750. Long term Debt. $677250
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