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Brief Exercise 9-4 Reporting Liabilities At the end of 2012, Brandon Corporation has total current liabilities of $1,755,000. Long-term debt is $850,000, and other long-term
Brief Exercise 9-4 Reporting Liabilities At the end of 2012, Brandon Corporation has total current liabilities of $1,755,000. Long-term debt is $850,000, and other long-term liabilities are $645,000.
Required: Prepare the liability section of Brandon Corporation's 2012 balance sheet.
Brandon Corporation Liability Section of Balance Sheet December 31, 2012 T
Total current liabilities
$ Long-term debt
Other long-term liabilities
Total liabilities $
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