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Business, 29.06.2019 23:30 makylahoyle
On december 1, 2016, fine dining products borrowed $84,000 on a 12%, five-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 note payable. what amount of the note payable will be shown as current portion of long-term notes payable on the balance sheet as of december 31, 2016? (round your answer to nearest whole number.)
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