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The adjusted trial balance for ABCD Corp., at the end of the current year, 2015, contained the following accounts 5-year Bonds Payable 8% $ 1,600,000
The adjusted trial balance for ABCD Corp., at the end of the current year, 2015, contained the following accounts
| 5-year Bonds Payable 8% | $ 1,600,000 |
| Bond Interest Payable | 50,000 |
| Notes Payable (3 mo.) | 40,000 |
| Notes Payable (5 yr) | 165,000 |
| Mortgage Payable (P15,000 due currently) | 200,000 |
| Salaries Payable | 18,000 |
| Taxes Payable (due 3/15 of 2016) | 25,000 |
Determine the
- Total Current Liabilities
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