Business, 01.12.2021 19:50 breannagrd4075
Current Portion of Long-Term Debt
Connie's Bistro, Inc., reported the following information about its long-term debt in the notes to a recent financial statement:
Long-term debt is comprised of the following:
December 31
Current
Year
Preceding
Year
Total long term-debt
$645,400
Less current portion
(187,200)
$355,000
(174,300)
$180,700
Long-term debt
$458,20
c. If Connie's Bistro did not issue additional long-term debt next year, what would be the total long-term debt on December 31 of the upcoming year?
Answers: 2
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Current Portion of Long-Term Debt
Connie's Bistro, Inc., reported the following information about...
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