Question
Lanson Corporation Co.'s trial balance included the following account balances at December 31, 2021: Accounts payable$26,900Bonds payable, due 203023,200Salaries payable16,800Notes payable, due 202221,200Notes payable, due
Lanson Corporation Co.'s trial balance included the following account balances at December 31, 2021:
Accounts payable$26,900Bonds payable, due 203023,200Salaries payable16,800Notes payable, due 202221,200Notes payable, due 202640,800
What amount should be included in the current liabilities section of Lanson's December 31, 2021, balance sheet?
Multiple Choice
- $66,900.
- $43,700.
- $105,700.
- $64,900.
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Financial and Managerial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
3rd edition
978-1-119-3916, 1119392132, 1119392136, 9781119391609, 1119391601, 978-1119392132
