Question
Presented here are long-term liability items for Marin Inc. at December 31, 2022. Bonds payable (due 2026) $ 720,000 Notes payable (due 2024) 78,000 Discount
Presented here are long-term liability items for Marin Inc. at December 31, 2022.
Bonds payable (due 2026) | $720,000 | |
Notes payable (due 2024) | 78,000 | |
Discount on bonds payable | 28,000 |
Prepare the long-term liabilities section of the balance sheet for Marin Inc.
MARIN INC. Balance Sheet (Partial) choose the accounting period | ||||||
---|---|---|---|---|---|---|
select an opening subsection name | ||||||
enter an account title | $enter a dollar amount | |||||
select between addition and deduction: enter an account title | enter a dollar amount | $enter a subtotal of the two previous amounts | ||||
enter an account title | enter a dollar amount | |||||
select a closing subsection name | $enter a total amount for this subsection |
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Financial Accounting Tools for business decision making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
978-1119191674, 047053477X, 111919167X, 978-0470534779
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