On december 31, 2018, l inc. had a $2,400,000 note payable outstanding, due july 31, 2019. l borrowed the money to finance construction of a new plant. l planned to refinance the note by issuing long-term bonds. because l temporarily had excess cash, it prepaid $590,000 of the note on january 23, 2019. in february 2019, l completed a $3,900,000 bond offering. l will use the bond offering proceeds to repay the note payable at its maturity and to pay construction costs during 2019. on march 13, 2019, l issued its 2018 financial statements. what amount of the note payable should l include in the current liabilities section of its december 31, 2018, balance sheet?

You wants to open a saving account.which account will grow his money the most

For each separate case below, follow the 3-step process for adjusting the prepaid asset account at december 31. step 1: determine what the current account balance equals. step 2: determine what the current account balance should equal. step 3: record the december 31 adjusting entry to get from step 1 to step 2. assume no other adjusting entries are made during the year. a. prepaid insurance. the prepaid insurance account has a $4,700 debit balance to start the year. a re- view of insurance policies and payments shows that $900 of unexpired insurance remains at year-end. b. prepaid insurance. the prepaid insurance account has a $5,890 debit balance at the start of the year. a review of insurance policies and payments shows $1,040 of insurance has expired by year-end. c.prepaidrent.onseptember1ofthecurrentyear,thecompanyprepaid$24,000 for 2 years of rentfor facilities being occupied that day. the company debited prepaid rent and credited cash for $24,000.

Which plan offers a tax-free education?