Ingoldby Corp. has $156 million of bonds outstanding at December 31, 2014. Of the total, $26 million

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Ingoldby Corp. has $156 million of bonds outstanding at December 31, 2014. Of the total, $26 million are due in 2015, and the balance in 2016 and beyond. How would Ingoldby Corp. report its bonds payable on the 2014 balance sheet?

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Accounting

ISBN: 978-0132690089

9th Canadian Edition volume 2

Authors: Charles T. Horngren, Walter T. Harrison Jr., Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood

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Question Posted: Dec 21, 2016 10:27 AM

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Ingoldby Corp. has $156 million of bonds outstanding at December 31, 2014. Of the total, $26 million

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The 26 million due in 2015 will be shown a...View the full answer

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