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The adjusted trial balance for Swifty Corporation at the end of the current year, 2021, contained the following accounts. 5-year Bonds Payable 9% $2900000 Interest
The adjusted trial balance for Swifty Corporation at the end of the current year, 2021, contained the following accounts.
5-year Bonds Payable 9% | $2900000 | ||
Interest Payable | 49000 | ||
Premium on Bonds Payable | 101000 | ||
Notes Payable (3 months.) | 39000 | ||
Notes Payable (5 yr.) | 165000 | ||
Mortgage Payable ($15000 due currently) | 202000 | ||
Salaries and wages Payable | 16000 | ||
Income Taxes Payable (due 3/15 of 2022) | 24000 |
The total long-term liabilities reported on the balance sheet are
$3267000.
$3368000.
$3252000.
$3353000.
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