To receive an ACLS course completion card using this program, students successfully must complete three parts: 1  HeartCode ACLS Part 1. Upon successful completion of the online portion, including the written exam, students receive a Part 1 certificate of completion, which must be presented for parts 2 and 3.
A payable (such as interest payable) can be either a long term or current liability, to find out which consider the definitions of each. Current liability is any liability that will be fully paid within one year (or less) or one accounting period. Long term liability is any liability that will take more than one year or accounting period to be fully paid.
The interest rate on the loan is also necessary for the calculation. To illustrate how interest payable on a loan is calculated, assume that on February 1st, a company borrows $20,000 from a lending institution. The loan is for one year at a rate of 8 percent.