Tangible Capital Assets

Loan amortization schedule – payments due January 1 Date Interest expense Payment Loan reduction Loan balance including Scenario 4 – The grace period was not granted by the lender until after year-end so $4,160,000 should be reported as a current liability ($4,000,000 principal portion + $160,000 interest). ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download