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Glover Corporation's trial balance for December 31, the end of its fiscal year, included the following: Accounts Payable 35,000 Dividends Payable 20,000 Bonds Payable, maturing

Glover Corporation's trial balance for December 31, the end of its fiscal year, included the following:

Accounts Payable

35,000

Dividends Payable

20,000

Bonds Payable, maturing in 9 years

36,000

Salaries Payable

8,000

Notes Payable, due in 1 year

30,000

Notes Payable, due in 5 years

60,000

The amount that should be classified as current liabilities in the December 31 balance sheet
is ________.

A.

153,000

B.

93,000

C.

63,000

D.

73,000

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The correct option is B Explanation Option B ie 93000 ... blur-text-image

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