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On December 31, Bailey Company has the following list of account balances. Compute the dollar amount of the total Non-current (Long-term) liabilities as it would
On December 31, Bailey Company has the following list of account balances.
Compute the dollar amount of the total Non-current (Long-term) liabilities as it would appear on the December 31 balance sheet.
On December 31, Bailey Company has the following list of account balances. O Accounts Payable $ 30,600 O Equipment $ 35,900 O Accounts Receivable 62,000 O Service Revenue 40,100 11,600 Legal Expense 2,700 Accumulated Depreciation, Equipment Accumulated Depreciation, Buildings 67,400 Note Payable, due in two years. 18,000 O Advertising Expense 4,600 O Prepaid Rent 19,100 O Beginning Retained Earnings 99,000 O Rent Expense 6,400 O Buildings 96,000 Salaries Expense 1,100 O Capital Stock 51,600 O Salaries Payable 12,800 O Cash 46,100 O Supplies 25,000 O Dividends 24,000 O Supplies Expense 8,200 Required: Compute the dollar amount of the total Non-current (Long-term) liabilities as it would appear on the December 31 balance sheet. Dollar amount of Total Non-current (Long-term) Liabilities: $0
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