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E10-16 The adjusted trial balance for Karr Farm Corporation at the end of the current year contained the following accounts. Interest Payable a $ 9,000

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E10-16 The adjusted trial balance for Karr Farm Corporation at the end of the current year contained the following accounts. Interest Payable a $ 9,000 Bonds Payable, due 2019 1 80,000 Premium on Bonds Payable 32,000 Instructions Prepare the long-term liabilities section of the balance sheet

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