Homework answers / question archive / Preparing a Debt Disclosure As of December 31, 2020, Dole Company's long-term debt consisted of the following: $69,850—Unsecured note payable to bank due 2021

Preparing a Debt Disclosure As of December 31, 2020, Dole Company's long-term debt consisted of the following: $69,850—Unsecured note payable to bank due 2021

Business

Share With

Preparing a Debt Disclosure As of December 31, 2020, Dole Company's long-term debt consisted of the following: $69,850—Unsecured note payable to bank due 2021. $247,500–Unsecured note payable to bank due 2023. $330,000—Unsecured note payable to bank due 2025. $49,500-Secured mortgage payable to bank due in equal installments 2021 through 2025. $88,000-Secured note payable to bank due in 2026. Prepare the required financial statement disclosure at December 31, 2020, indicating the amounts due in each of the next five years and thereafter. Note Year 1 Year 2 Year 3 Year 4 Year 5 Payable 2021 2022 2023 2024 2025 Thereafter $69,850 $ 247.500 330,000 5 49.500 88,000