From the following prepare the long-term liabilities section of a balance sheet: a. Sinking fund ............$400,000 b.

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From the following prepare the long-term liabilities section of a balance sheet:

a. Sinking fund ............$400,000

b. Premium on 6% bonds ........ 9,000

c. Discount on 16% bonds ....... 14,000

d. 6% Bonds Payable ......... 490,000

e. 16% Bonds Payable ........ 230,000

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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 ............$400,000 b.

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College Accounting A Practical Approach

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