Question
Included in Blossom Management Corporation's December 31, 2025, trial balance are the following accounts: Accounts Payable, $123,000; Accounts Receivable, $131,000; Pension Liability, $41,000; Discount
Included in Blossom Management Corporation's December 31, 2025, trial balance are the following accounts: Accounts Payable, $123,000; Accounts Receivable, $131,000; Pension Liability, $41,000; Discount on Bonds Payable, $20,000; Unearned Revenue, $44,000; Bonds Payable, $500,000; Salaries and Wages Payable, $29,000; Payroll Taxes Payable, $6,200; and Common Stock, $484,100. Prepare the current liabilities section of the balance sheet.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
18th Edition
1119790972, 9781119790976
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