A physical therapist forms a personal corporation and borrows $20,000 to open a small treatment center. The bank loan is structured so that it will be repaid in ten years, but no payments are due for the first 18 months. In this fiscal year, the $20,000 be listed as ____________________ of current portion.

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The Answer of A physical therapist forms a personal corporation and borrows $20,000 to open a small treatment center. The bank loan is structured so that it will be repaid in ten years, but no payments are due for the first 18 months. In this fiscal year, the $20,000 be listed as ____________________ of current portion.

A Physical Therapist Forms a Personal Corporation and Borrows $20,000