From the following prepare the long term liabilities section of a
From the following, prepare the long-term liabilities section of a balance sheet:
a. Sinking Fund ............. $275,000
b. Premium on 13% bonds .......... 7,000
c. Discount on 16% bonds .......... 13,000
d. 13% Bonds Payable .......... 600,000
e. 16% Bonds Payable .......... 180,000

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