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Amos purchases a new truck and trailer for the business. The truck costs $35,000 and the...

Amos purchases a new truck and trailer for the business. The truck costs $35,000 and the trailer $10,000. He finances both the truck and the trailer through Pig E Bank at a rate of 8% for 5 years. The first monthly payment is due on July 16.

?What is the current portion of th Long-Term Payable for adjusting trial balance in September???

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