PLEASE HELP!!!!!!! Carla Vista Company borrowed $840,000 on December 31,...
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PLEASE HELP!!!!!!!
Carla Vista Company borrowed $840,000 on December 31, 2019, by issuing an $840,000, 9% mortgage note payable. The terms call for annual installment payments of $130,889 on December 31. (b) Indicate the amount of mortgage note payable to be reported as a current liability and as a long-term liability at December 31, 2021. (Round answers to 0 decimal places, e.g. 15,250.) Current liability $ Long-term liability $
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