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  3. on september 30, world co. borrowed $1,000,000 on

On September 30, World Co. borrowed $1,000,000 on a 9% note payable. World paid the...

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Accounting

On September 30, World Co. borrowed $1,000,000 on a 9% note payable. World paid the first of four quarterly payments of $264,200 when due on December 30. In its December 31, balance sheet, what amount should World report as note payable? $735,800 $750,000 $825,800 $758,300

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