On January 5, Thomas Company, a calendar-year company, issued $1,000,000 of notes payable, of which $250,000is due on January 1 each of the next four years. The proper balance sheet presentation on December 31 is
a. Current Liabilities, $1,000,000
b. Current Liabilities, $250,000; Long-Term Debt, $750,000
c. Long-Term Debt, $1,000,000
d. Current Liabilities, $750,000; Long-Term Debt, $250,000
b
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Periodic interest payments on bonds are determined by multiplying the par value of the bond by the bond's contract rate.
Answer the following statement true (T) or false (F)
Based on studies, how has the Millennial generation been characterized?
a. independent b. altruistic *c. community oriented d. conservative
When designing a research study, what two things do marketing researchers hope their measures achieve?
A. variety and subjectivity B. reliability and validity C. quantity and quality D. objectivity and simplicity
Under tailored postponement, a firm produces the amount that is very likely to sell using
A) the lower cost production method with postponement and produces the portion of demand that is uncertain using postponement. B) the lower cost production method without postponement and produces the portion of demand that is uncertain using postponement. C) the higher cost production method with postponement and produces the portion of demand that is uncertain using postponement. D) the higher cost production method without postponement and produces the portion of demand that is uncertain using postponement.