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The adjusted trial balance for Sunland Company at the end of the current year, 2020, contained the following accounts. 5-year Bonds Payable 8% $1610000 Interest
The adjusted trial balance for Sunland Company at the end of the current year, 2020, contained the following accounts.
5-year Bonds Payable 8% $1610000 Interest Payable 53600 Premium on Bonds Payable 161000 Notes Payable (3 mo.) 40000 Notes Payable (5 yr.) 145000 Mortgage Payable ($10000 due currently) 300000 Salaries and Wages Payable 18000 Taxes Payable (due 3/15 of 2021) 25000
The total long-term liabilities reported on the balance sheet are
$2045000. $2206000. $2216000. $2055000.
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