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Category: Bookkeeping

Is the current portion of long term debt adjusted monthly?

Posted on April 15, 2021February 9, 2024 adminPosted in Bookkeeping

The two methods to raise capital to fund the purchase of resources (i.e. assets) are equity and debt. The construction company has a current portion of long-term debt of $15,815 (assuming it has no other debt). Upgrading to a paid membership gives you access to our extensive collection of plug-and-play Templates designed to power your […]

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