At December 31, 2025, Marin Company has outstanding three long-term debt issues. The first is a $1,960,000 note payable which matures June 30, 2028. The second is a $6,760,000 bond issue which matures September 30, 2029. The third is a $13,530,000 sinking fund debenture with annual sinking fund payments of $2,706,000 in each of the years 2027 through 2031. Prepare the required note disclosure for the long-term debt at December 31, 2025. (Do not leave any answer field blank. Enter O for amounts.) 2026 2027 $ $ 2028 $ 2029 $ 2030 $ Long-term Debt

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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At December 31, 2025, Marin Company has outstanding three long-term debt issues. The first is a $1,960,000 note payable which
matures June 30, 2028. The second is a $6,760,000 bond issue which matures September 30, 2029. The third is a $13,530,000 sinking
fund debenture with annual sinking fund payments of $2,706,000 in each of the years 2027 through 2031.
Prepare the required note disclosure for the long-term debt at December 31, 2025. (Do not leave any answer field blank. Enter O for
amounts.)
2026 $
2027 $
2028 $
2029 $
2030 $
Long-term Debt
Transcribed Image Text:At December 31, 2025, Marin Company has outstanding three long-term debt issues. The first is a $1,960,000 note payable which matures June 30, 2028. The second is a $6,760,000 bond issue which matures September 30, 2029. The third is a $13,530,000 sinking fund debenture with annual sinking fund payments of $2,706,000 in each of the years 2027 through 2031. Prepare the required note disclosure for the long-term debt at December 31, 2025. (Do not leave any answer field blank. Enter O for amounts.) 2026 $ 2027 $ 2028 $ 2029 $ 2030 $ Long-term Debt
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