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  book-img-for-question

Intermediate Accounting

ISBN: 978-1118147290

15th edition

Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield

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