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Business, 26.10.2021 02:40 tylorwsimmons

Andro Co. has a $10 million note payable that is due 3 months after year end. The note payable was refinanced when long-term bonds were issued 1 month after year end for $11 million. The December 31 financial statements were issued 2 months after year end. How should Andro classify and disclose the note

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Andro Co. has a $10 million note payable that is due 3 months after year end. The note payable was r...
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