PDA

View Full Version : Maturing debt


twilight123
Sep 21, 2009, 11:02 AM
What accounts would you use for this journal entry? Decision to refinance on a long-term basis some currently maturing debt

morgaine300
Sep 21, 2009, 10:43 PM
If the debt is under current liabilities now, just debit them out of there and credit them into a long-term one.