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The trial balance of Levites Company reflected the following liability account balances on December 31, 2020: Accounts payable 2,500,000 Mortgage payable 3,000,000 Bonds payable, due

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The trial balance of Levites Company reflected the following liability account balances on December 31, 2020: Accounts payable 2,500,000 Mortgage payable 3,000,000 Bonds payable, due December 30, 2021 5,000,000 Accrued expenses 75,000 Discount on bonds payable 250,000 Deferred tax liability 1,250,000 Dividends payable 2,250,000 Lease liability 4,000,000 Income tax payable 750,000 VAT payable 225,000 Note payable bank 2,000,000 The bank note payable matures on June 30, 2021. On March 1, 2021, the entire balance of the bank payable was refina long-term basis. Levites' financial statements were issued on March 31, 2021. In its December 31, 2020, Levites Company should report current liabilities at on a

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