Current liabilities entries and disclosuresnbsp1-dec, Financial Accounting

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Current liabilities entries and disclosuresnbsp1-dec

Current Liabilities: entries and disclosures.

A review of selected financial activities of Visconti's during 20XX disclosed the following.

1-Dec borrowed $10,000 from First City Bank by signing a 3 month, 15% note payable. Interest and payment are due at maturity.

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Financial Accounting: Current liabilities entries and disclosuresnbsp1-dec

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Financial Accounting: Current liabilities entries and disclosuresnbsp1-dec

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