From the following, prepare the long-term liabilities section of a balance sheet: a. Bond sinking fund $450,000
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From the following, prepare the long-term liabilities section of a balance sheet:
a. Bond sinking fund | $450,000 |
b. Premium on 9% bonds | 3,000 |
c. Discount on 11% bonds | 13,000 |
d. 9% Bonds Payable | 580,000 |
e. 11% bonds Payable | 200,000 |
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Related Book For
College Accounting A Practical Approach
ISBN: 9780134729312
14th Edition
Authors: Jeffrey Slater, Mike Deschamps
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