At December 31, 2014, Hyasaki Corporation has the following account balances: Bonds payable, due January 1, 2023
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At December 31, 2014, Hyasaki Corporation has the following account balances:
Bonds payable, due January 1, 2023 $2,000,000
Discount on bonds payable 88,000
Interest payable 80,000
Show how the above accounts should be presented on the December 31, 2014, balance sheet, including the proper classifications.
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Related Book For
Intermediate Accounting
ISBN: 978-1118147290
15th edition
Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
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