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The adjusted trial balance for the Hass Corporation at the end of Year 5 contains the following accounts: $50,000 Bond Interest Payable 1,100,000 9% Bonds
The adjusted trial balance for the Hass Corporation at the end of Year 5 contains the following accounts: $50,000 Bond Interest Payable 1,100,000 9% Bonds Payable due Year 7 850,000 10% Bonds Payable due Year 6 36,000 Discount on 9% Bonds Payable 5,000 Premium on 8% Bonds Payable 280,500 Zero-Coupon Bonds Payable due Year 8 200,000 8% Bonds Payable due Year 10 Prepare the long-term liabilities section of the balance sheet. Indicate the proper balance sheet classification for accounts listed above that do not belong in the long-term liabilities section. Complete the following liabilities section of the balance sheet
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