Use the following March 31, 2020, year-end adjusted balances to prepare Jardine Servicings liabilities section on its

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Use the following March 31, 2020, year-end adjusted balances to prepare Jardine Servicing’s liabilities section on its March 31, 2020, classified balance sheet.

Accounts payable.......................................................... $ 14,000
Unearned revenue .......................................................... 26,000
Notes payable, due February 1, 2021 ........................... 45,000
Mortgage payable* ....................................................... 115,000

*$56,000 of this amount will be paid by March 31, 2021.

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Fundamental Accounting Principles Volume I

ISBN: 978-1260305821

16th Canadian edition

Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann

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