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December 31 2018 2019 2020 Current Liabilities: Bonds Payable Interest Payable Long-term Liabilities: Bonds Payable Lear E14-28 Reporting liabilities t December 31, MediStat Precision Instruments

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December 31 2018 2019 2020 Current Liabilities: Bonds Payable Interest Payable Long-term Liabilities: Bonds Payable Lear E14-28 Reporting liabilities t December 31, MediStat Precision Instruments owes $52,000 on Accounts Payable, Salaries Payable of $12,000, and Income Tax Payable of $10,000. MediStat also has $300,000 of Bonds Payable that were issued at face value that require payment of a $35,000 installment next year and the remainder in later years. The bonds payable require an annual interest payment of $4,000, and MediStat still owes this interest for the current year. Report MediStat's liabilities on its classified balance sheet on December 31, 2018. Tota

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