ChrisLee9487 ChrisLee9487
  • 11-03-2024
  • Business
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On January 1, 2024, Sandhill Corp borrows $23000 by signing a 3 yr 7% note payable. The note is repayable in three annual blended payments of $8764 on December 31 of each year. What is the current and non-current portion to be reflected on the balance sheet as at December 31, 2024?

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