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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?


A) $50,466.48
B) $9,921.93
C) $9,533.52
D) $2,226.48

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