Interest Payable (on Bonds Payable) Copyrights Notes Receivable (due in 6 months) 2,850 96,450 69,000 Trading Securities Treasury Stock Accounts Payable 36,500 125,000 204.975 Long-term liabilities total A. $696,000 B. $740,700 C. 5602,850 x D. $600.000 Answer Key:A Feedback: Bond payable + Note Payable (because it will be paid with long-term assets) = $695.000 The accounts below appeared on the trial balance of Navarro Company at December 31, 2019. next 9 months. Interest payable pertains to the Bonds Payable. 3,900 Notes Payable (short-term) $ 96,000 Accounts Receivable $ 259,200 Equipment 572,500 Allowance for Doubtful Accts. Accumulated Depreciation - Equip 1,000 Prepaid Rent 28,125 Supplies 18,900 Additional Paid-in Capital 81.900 Unearned Revenue 95,100 Common Stock 1,062,500 Debt Investments (long-term) 140,700 Retained Earnings. 306,000 Cash 85,125 Inventory 790,125 Bonds Payable Due 1/1/2017 600,000 Land 232,500 Interest Payable (on Bonds Payable) 2,850 Trading Securities 36,600 Copyrights 96,450 Treasury Stock 125,000 Notes Receivable (due in 6 months) 69,000 Accounts Payable 204,975 Long-term liabilities total: A. $696,000