Listed below are the balances of selected accounts of the Chriswat Company at the end of the

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Listed below are the balances of selected accounts of the Chriswat Company at the end of the current year:

Notes receivable (due in 3 years) $14,200 Accounts payable 18,300 Bonds payable (due in 5 years) 46,000 Land 13,500 Marketable securities (short-term) 6,400 Salaries payable 5,700 Notes payable (due in 6 months) 8,000 Mortgage payable (due next year) 3,600 Unearned rent revenue (6 months) 2,400 Notes payable (due in 2 years) 10,000 Mortgage payable (due in 5 years) 18,000 Required: Prepare the current liabilities section of the Chriswat Company at the end of the current year.  lop1

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Accounting Information For Business Decisions

ISBN: 9780030224294

1st Edition

Authors: Billie Cunningham, Loren A. Nikolai, John Bazley

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