Business, 12.12.2020 17:00 heatwave9856

Kruger Motors Inc. took a loan from a bank of $1,000,000 on June 1, 2010. The loan was to be repaid in five years. Kruger’s accounting year end is on December 31. Where will this loan amount feature in the company’s balance sheet as of December 31, 2014? A.
fixed assets
B.
current assets
C.
long-term liabilities
D.
current liabilities

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 01:20, chayaharroch03

What cylinder head operation is the technician performing in this figure?

Answers: 1

continue

Business, 22.06.2019 11:20, murarimenon

Camilo is a self-employed roofer. he reported a profit of $30,000 on his schedule c. he had other taxable income of $5,000. he paid $3,000 for hospitalization insurance. his self-employment tax was $4,656. he paid his former wife $4,000 in court-ordered alimony and $4,000 in child support. what is the amount camilo can deduct in arriving at adjusted gross income (agi)?

Answers: 2

continue

Business, 22.06.2019 19:50, hallkanay7398

Ichelle is attending college and has a part-time job. once she finishes college, michelle would like to relocate to a metropolitan area. she wants to build her savings so that she will have a "nest egg" to start her off. michelle works out her budget and decides she can afford to set aside $9090 per month for savings. her bank will pay her 4 %4% per year, compounded monthly, on her savings account. what will be michelle's balance in five years?

Answers: 3

continue

Business, 22.06.2019 20:20, chem1014

Digitalhealth electronics inc. is a company that builds diagnostic devices. it was the first company to develop a compact mri scanner by reconfiguring the components of the mri technology. this smaller and user-friendly version of the huge mri scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. which of the following types of innovations does this scenario best illustrate? a. disruptive innovation b. incremental innovation c. radical innovation d. architectural innovation

Answers: 3

continue

You know the right answer?

Kruger Motors Inc. took a loan from a bank of $1,000,000 on June 1, 2010. The loan was to be repaid...