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Oriole Corporation is preparing its December 31, 2017, balance sheet. The follewing items may be reported as either a current or long-term liability 1. On

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Oriole Corporation is preparing its December 31, 2017, balance sheet. The follewing items may be reported as either a current or long-term liability 1. On December 15, 2017, Oricle declared a cash dividend of $3.70 per share to stockholders of record on December 31. The dividend is payable on January 15, 2018. Orlole has issued 1,000,000 shares of common stock, of which 50,000 shares are held in treasury At December 31 bonds payable of $11 September 30, 2018. 410,000 are outstandng. The bonds 2. ay 12% interest every September 30 and mature n instal ents of $20602 s oeve y September 30, begin ing 3. At December 31, 2016, customer advances (Unearned Revenue) were $12,591,000. Duning 2017, Oriole collected $31,170,000 of customer advances; advances of $25,451,000 should be recognized in income. For each item above, indicate the dollar amounts to be reported as a curment iability and as a long-term liability, if any. Reported as 1. Dividends payable 2. Bonds payable (September 30, 2018 installment) Bonds payable (Other than September 30, 2018 installment) s Interest payable 3. Customer advances

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