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On January 1,2013,Thames Company Purchases Property and Signs a 6-Year

question 45

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On January 1,2013,Thames Company purchases property and signs a 6-year mortgage note $60,000 at 4%.Please see the partial amortization schedule below. On January 1,2013,Thames Company purchases property and signs a 6-year mortgage note $60,000 at 4%.Please see the partial amortization schedule below.   - At the end of 2013,what amount would be shown on the balance sheet for current portion of mortgage payable? A)  $50,466.48 B)  $9,921.93 C)  $9,533.52 D)  $2,226.48
- At the end of 2013,what amount would be shown on the balance sheet for current portion of mortgage payable?

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