given only the long term borrowings at the end&beginning of the year is it possible to find the repayments ?

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given only the long term borrowings at the end&beginning of the year is it possible to find the repayments ?

additional borrowings during the year not available. only the balance sheet and P&L account is available for the company

2007-12-29 15:04:46 · 1 answers · asked by Nithya N 1 in Business & Finance ➔ Credit

1 answers

Don't you also take the current portion of long term borrowings into consideration? Isn't there a liability account so described? Payments would appear under notes paid current portion?

2007-12-29 15:38:37 · answer #1 · answered by googie 7 · 0⤊ 0⤋