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The adjusted trial balance for Hattibagan Corp. at the end of the current year, 20x1, contained the following accounts. 5-year Bonds Payable 8% :
The adjusted trial balance for Hattibagan Corp. at the end of the current year, 20x1, contained the following accounts. 5-year Bonds Payable 8% : $3,000,000 Interest Payable: $50,000 Premium on Bonds Payable: $100,000 Notes Payable (3 months.): $40,000 Notes Payable (5 yr.): $165,000 Mortgage Payable ($15,000 due currently): $200,000 Salaries and Wages Payable: $18,000 Income Taxes Payable (due 3/15 of 20x2): $25,000 The total long-term liabilities reported on the balance sheet are O $3,365,000. $3,465,000. $3,450,000. $3,350,000.
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