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The adjusted trial balance for Lifesaver Corp. at the end of the current year, 2015, contained the following accounts. 5-year Bonds Payable 8%,due 3/31/2018 $1,600,000
The adjusted trial balance for Lifesaver Corp. at the end of the current year, 2015, contained the following accounts. 5-year Bonds Payable 8%,due 3/31/2018 $1,600,000 Bond Interest Payable due 3/31/2016 50,000 Notes Payable (3 mo.) due 1/31/2016 40,000 Notes Payable (5 yr.) due 6/30/2019 165,000 Mortgage Payable ($15,000 due currently) 200,000 Salaries and Wages Payable due 1/16/2016 18,000 The total non-current liabilities reported on the statement of financial position are
a. $1,865,000. b. $1,850,000. c. $1,965,000. d. $1,950,000.
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