On January 1, 2018, Sarangani Company showed the following: Long Term note 6,000,000 At the end of 2017, Saragani had started to experience extreme financial pressure and is in default in meeting the interest payment on its long term note. This had continued until 2018, the company did not accrue the interest for 2018. The interest rate is 10%

Sep 8, 2023

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On January 1, 2018, Sarangani Company showed the following: Long Term note 6,000,000 At the end of 2017, Saragani had started to experience extreme financial pressure and is in default in meeting the interest payment on its long term note. This had continued until 2018, the company did not accrue the interest for 2018. The interest rate is 10%
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