The balances of select accounts of McMurray, Inc. as of December 31, 2024 are given below:...
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The balances of select accounts of McMurray, Inc. as of December 31, 2024 are given below: Notes Payable-short-term Salaries Payable Notes Payable-long-term Accounts Payable Unearned Revenue Interest Payable $1,100 5,000 21,000 3,100 3,000 2,400 Next question The Unearned Revenue is the amount of cash received for services to be rendered in January 2025. Interest Payable will be paid on February 5, 2025. What are the total long-term liabilities shown on the balance sheet at December 31, 2024? A. $1,100 B. $5,000 C. $6,100 OD. $21,000 The balances of select accounts of McMurray, Inc. as of December 31, 2024 are given below: Notes Payable-short-term Salaries Payable Notes Payable-long-term Accounts Payable Unearned Revenue Interest Payable $1,100 5,000 21,000 3,100 3,000 2,400 Next question The Unearned Revenue is the amount of cash received for services to be rendered in January 2025. Interest Payable will be paid on February 5, 2025. What are the total long-term liabilities shown on the balance sheet at December 31, 2024? A. $1,100 B. $5,000 C. $6,100 OD. $21,000
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