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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
(Long-Term Debt Disclosure) At December 31, 2010, Redmond Company has outstanding three long-term debt issues. The first is a $2,000,000 note payable which matures June 30, 2013. The second is a $6,000,000 bond issue which matures September 30, 2014. The third is a $12,500,000 sinking fund debenture with annual sinking fund payments of $2,500,000 in each of the years 2012 through 2016. Prepare the required note disclosure for the long-term debt at December 31, 2010.
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