From the following, prepare the long-term liabilities section of a balance sheet: a. Bond sinking fund $375,000

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From the following, prepare the long-term liabilities section of a balance sheet:

a. Bond sinking fund

$375,000

b. Premium on 5% bonds

5,000

c. Discount on 9% bonds

15,000

d. 5% Bonds Payable

470,000

e. 9% bonds Payable

275,000

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College Accounting A Practical Approach

ISBN: 9780134729312

14th Edition

Authors: Jeffrey Slater, Mike Deschamps

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