nect Instru Question 7 (of 17) at Save & Exit value: 1.00 points You did not rec

Question

nect Instru Question 7 (of 17) at Save & Exit value: 1.00 points You did not recelve full credit for this question In a pre ch year on November 30. Specifically, your company will make the following prindipal payments: 2016. 56,800; 2017, $10.200; 2018, $13,600; and 2019, $20,400 Show how this loan will be reported in the required. Balance Sheet (Partial) As of December 31 2016 2015 urrent Liabilities Current Portion of Long-term Debt Long-term Liabilities Long-term Debt Totat Liebites ReferenceseBook & Resources 0

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Current liablities are those liabities that can be settled within 12 months. Given Repayment schedule - every Nov Year Amount 2016 6800 2017 10200 2018 13600 2019 20400 Balance Sheet (partial) As of December 31 Current Liabilities 2016 2015 current portion of long term debt                 10,200                    6,800 Long term Liabilities Long term Debt                 34,000                 44,200                 44,200                 51,000

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