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Business, 27.06.2020 02:01 vetterk1400

On September 1, 2021, Southwest Airlines borrows $41 million, of which $10 million is due next year. Show how Southwest Airlines would record the $41 million debt on its December 31, 2021, balance sheet. Southwest Airlines
Partial Balance Sheet
December 31, 2021
Current liabilities:
Current portion of long-term debt
Long-term liabilities:
Notes payable
Total liabilities

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On September 1, 2021, Southwest Airlines borrows $41 million, of which $10 million is due next year....

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