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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