How do you calculate current liability with a mortgage due date?

The statement date is Dec 31, 2008.


Mortgage is due June 2012 total: $125,000(no other info available).


Would you find how much mortgage is incurred for the fiscal year of 2008? or add $125,000 into the total current liability?


Thanks.How do you calculate current liability with a mortgage due date?
well if you didn't have ANY other information...why on earth would you put it into current liabilities, which represent liabilities due to be paid within ONE year???





You wouldn't. Plain and simple. It would be long term liabilities.

tanning sunscreen

skin care