On April 1, 2012, the Electronic Superstore borrows $22 million of which $4 million is due in 2013. Show how the company would report the $22 million debt on its December 31, 2012 balance sheet.

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The Answer of On April 1, 2012, the Electronic Superstore borrows $22 million of which $4 million is due in 2013. Show how the company would report the $22 million debt on its December 31, 2012 balance sheet.

On April 1, 2012, the Electronic Superstore Borrows $22 Million