Presented below are long-term liability items for Lind Company at December 31, 2015. Prepare the long-term liabilities
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Question:
Presented below are long-term liability items for Lind Company at December 31, 2015. Prepare the long-term liabilities section of the balance sheet for Lind Company.
Bonds payable, due 2017 .............. $600,000
Notes payable, due 2020 .............. 80,000
Discount on bonds payable ........... 45,000
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