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Blue Corporation's trial balance included the following account balances at December 11, 2011: Accounts payable = $45,000 Bonds payable, due 2012 = $75,000 Discount on
Blue Corporation's trial balance included the following account balances at December 11, 2011:
Accounts payable = $45,000
Bonds payable, due 2012 = $75,000
Discount on Bonds Payable, due 2012 =$9,000
Dividends payable january 31, 2012 = $24,000
Notes payable, due january 31, 2015 = $60,000
What amount should be included in the current liability section of Blue's December 31, 2011 balance sheet?
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