Blue Devil Corp. reported Notes Payable of $122793 on its 2019 Balance Sheet. If the notes don't reach maturity until 2023, and Blue Devil Corp. accrues 4% in interest on those notes in 2020, how much should Blue Devil Corp. report for Notes Payable on its 2020 Balance Sheet? $ (note: round answer to the nearest whole number; enter numbers only; no commas, periods, symbols, etc.)

Blue Devil Corp. reported Notes Payable of $122793 on its 2019 Balance Sheet. If the notes don't reach maturity until 2023, and Blue Devil Corp. accrues 4% in interest on those notes in 2020, how much should Blue Devil Corp. report for Notes Payable on its 2020 Balance Sheet? $ (note: round answer to the nearest whole number; enter numbers only; no commas, periods, symbols, etc.)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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