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On December 31, Peterson Company has the following list of account balances. Accounts Payable $ 67,100 Equipment $ 37,700 Accounts Receivable 61,300 Service Revenue
On December 31, Peterson Company has the following list of account balances. Accounts Payable $ 67,100 Equipment $ 37,700 Accounts Receivable 61,300 Service Revenue 32,400 Accumulated Depreciation, Equipment 11,200 Legal Expense 3,200 Accumulated Depreciation, Note Payable, due in two 40,000 10,000 Buildings years. Advertising Expense 9,200 Prepaid Rent 16,500 Beginning Retained Earnings 93,000 Rent Expense 8,800 Buildings 99,000 Salaries Expense 1,400 Capital Stock 39,600 Salaries Payable 9,400 Cash 18,100 Supplies 23,200 Dividends 22,800 Supplies Expense 1,500 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: $
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