Answer
First, the details regarding the terms of the credit should be included in the notes that supplement the financial statements.
Second, the outstanding amount ( which is equivalent to 4,000,000) should be an accounts payable.
Work Step by Step
First, the details regarding the terms of the credit should be included in the notes that supplement the financial statements.
Second, the outstanding amount ( which is equivalent to 4,000,000) should be an accounts payable.