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Please show work & explain. Q 10.29: Miller Company has the following liabilities on May 31st, 2014. $45,000 $325,000 Salaries Payable: Mortgage Payable 11% due
Please show work & explain.
Q 10.29: Miller Company has the following liabilities on May 31st, 2014. $45,000 $325,000 Salaries Payable: Mortgage Payable 11% due in 2020: Bonds Payable 12% due in 2017: Less Discount on Bonds Payable: current portion ($75,000): Unearned Revenue: $800,000 $40,000 $760,000 $400,000 $32,000 What are Miller's long-term liabilitiesStep by Step Solution
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