From the following, prepare the long-term liabilities section of a balance sheet: a. Sinking Fund .............$275,000 b.

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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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College Accounting A Practical Approach

ISBN: 978-0133133233

12th edition

Authors: Jeffrey Slater

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Question Posted: Apr 24, 2014 10:44 AM

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From the following, prepare the long-term liabilities section of a balance sheet: a. Sinking Fund .............$275,000 b.

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College Accounting A Practical Approach

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