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Title: On August 15, 2014, Woods Design signed a $20,000 7% 10-year installment note which requires annual ... Post by: tivo on Feb 21, 2017 On August 15, 2014, Woods Design signed a $20,000 7% 10-year installment note which requires annual payments of $4,000 plus interest. Woods will classify this loan on the December 31, 2014 Balance Sheet as $4,000 current portion of long-term debt and $20,000 long-term debt.
Is this statement one that's true or false? Title: Re: On August 15, 2014, Woods Design signed a $20,000 7% 10-year installment note which requires ... Post by: antonio_john on Feb 21, 2017 Content hidden
Title: Re: On August 15, 2014, Woods Design signed a $20,000 7% 10-year installment note which requires annual ... Post by: tivo on Apr 10, 2017 Thank you for helping me with my accounting homework, will ask again
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