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Lark Cos trial balance included the following at December 31, year 5: Accounts payable $75,000 Bonds payable due year 7 $450,000 Discount on bonds payable
Lark Cos trial balance included the following at December 31, year 5:
Accounts payable | $75,000 |
Bonds payable due year 7 | $450,000 |
Discount on bonds payable | $22,000 |
Deferred income tax liability (equipment) | $30,000 |
What amount should be included in the noncurrent liability section of Larks December 31, year 5 balance sheet?
A.
$383,000
B.
$458,000
C.
$480,000
D.
$533,000
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