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The adjusted trial balance for Ayayai Corp. at the end of the current year contained the following accounts. $1070000 5-year Bonds Payable 8% Bond Interest
The adjusted trial balance for Ayayai Corp. at the end of the current year contained the following accounts. $1070000 5-year Bonds Payable 8% Bond Interest Payable 34000 67000 Premium on Bonds Payable Notes Payable (3 mo.) Notes Payable (5 yr.) 27000 111000 Mortgage Payable ($10000 due currently) 134000 Salaries and Wages Payable 12000 Taxes Payable (due 3/15 of next yr) 17000 The total long-term liabilities reported on the balance sheet are $1372000. $1305000. $1382000. $1315000
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