1- At the 30th of November, 2014. Liverpool.Co got long term loan of $800,000 from TSB bank. Liverpool did not pay the o

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

1- At the 30th of November, 2014. Liverpool.Co got long term loan of $800,000 from TSB bank. Liverpool did not pay the o

Post by answerhappygod »

1 At The 30th Of November 2014 Liverpool Co Got Long Term Loan Of 800 000 From Tsb Bank Liverpool Did Not Pay The O 1
1 At The 30th Of November 2014 Liverpool Co Got Long Term Loan Of 800 000 From Tsb Bank Liverpool Did Not Pay The O 1 (82.7 KiB) Viewed 47 times
1- At the 30th of November, 2014. Liverpool.Co got long term loan of $800,000 from TSB bank. Liverpool did not pay the outstanding installments during 2015. The unpaid installments amounted $91,000 including interest of $41,000. Liverpool reached to agreement with TSB bank at the 30th of January, 2016. In this case, the current and non- current liabilities at the 31 of December, 2015 are as follows: (IAS.1,IAS.37) Select one: a. Current liabilities of $ 91,000 and non-current liabilities of $800,000 b. Current liabilities of $50,000 and non-current liabilities of $750,000 O c. Current liabilities of $ 891,000 d. Current liabilities of $ 841,000
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply