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Mindy still owes $25,000 on her home loan. However, she called her loan provider and they informed her that if she were to pay her home loan off today, she would pay $18,500 because she wouldn’t have to pay interest for the remainder of the loan. What amount should be recorded in the liabilities section of her Statement of Financial Position?

Sagot :

Answer:   18,500

Explanation: Because is the same

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