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QUESTION 3 Thomas Corporation's adjusted trial balance contained the following liability accounts at December 31, 2014. Prepare the current liabilities section of the balance sheet.

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QUESTION 3 Thomas Corporation's adjusted trial balance contained the following liability accounts at December 31, 2014. Prepare the current liabilities section of the balance sheet. Bonds Payable (due in 3 years) $100,000 Accounts Payable $72,000 Notes Payable (due in 90 days) $22,500 Salaries and Wages Payable $4,000 Income Taxes Payable $7,000

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