QUESTION 4 On December 1, 2018. Modern Dining Products borrowed 534.000 on a 12 5...
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Accounting
QUESTION 4 On December 1, 2018. Modern Dining Products borrowed 534.000 on a 12 5 year note with annual installment payments of $16.800 plus interest due on December 1 of each succeeding year. On December 1, the principal amount was recorded as a long-term not payable What amount of the note payable will be shown as current portion of long-Term NotePayable on the balance she of December 31, 20182 (Round your answer to nearest whole number) A) 516.800 OB) $26.830 C) $10.000 D) 53,500 QUESTIONS On November 1. 2018. A.1 Products borrowed 564,000 on a 5m. 5 year note with annual installment payments of 312.000 plus interest due on November of each succeeding year. On November 1.2020, what is the balance of the Long Term Notes Payable account? Round your answer to nearest whole number A) 530.400 B) 564,000 C) 551.200 D) $12.800 QUESTIONG On December 1. 2018. Garden Products borrowed 592.000 on a 5 10 year note with an installment payments of 59200 plus interest on December of each bequent year. Which of the following describes the first instaliment payment made on December 1, 2019? (Mound your answer to the nearest widle number O A $9200 principal plus $4600 interest OB) 59200 principal plus 5460 interest 59300 principal plus $9200 interest D) 54600 interest only

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