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At December 31, Medical Precision Instruments owes $60,000 on Accounts Payable, Salarios Payable of $14,000, and Income Tax Payable of $11,000. Medical also has $230,000

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At December 31, Medical Precision Instruments owes $60,000 on Accounts Payable, Salarios Payable of $14,000, and Income Tax Payable of $11,000. Medical also has $230,000 of Bonds Payable that were issued at face value that require payment of a $25,000 installment next year and the remainder in later years. The bonds payable require an annual interest payment of $6,000, and Medical still owes this interest for the current year. Report Medicar's liabilities on its classified balance shoot on December 31, 2024 Balance Sheet (Partial) December 31, 2024 Llabilities Choose from any list or enter any number in the input fields and then click Check Answer Clear All Check Answer All parts showing

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