Question
1.Lanson Corporation Co.'s trial balance included the following account balances at December 31, 2021: Accounts payable $25,800 Bonds payable, due 2030 24,900 Salaries payable 17,900
1.Lanson Corporation Co.'s trial balance included the following account balances at December 31, 2021:
Accounts payable
$25,800
Bonds payable, due 2030
24,900
Salaries payable
17,900
Notes payable, due 2022
21,200
Notes payable, due 2026
40,400
What amount should be included in the current liabilities section of Lanson's December 31, 2021, balance sheet?
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Financial Accounting
Authors: Michelle L. Hanlon, Robert P. Magee, Glenn M. Pfeiffer, Thomas R. Dyckman
6th Edition
1618533118, 978-1618533111
