Question: Presented here are long-term liability Items for Stevens Inc. at December 31, 2017. Prepare the long-term liabilities section of the balance sheet for Stevens Inc.

Presented here are long-term liability Items for Stevens Inc. at December 31, 2017. Prepare the long-term liabilities section of the for Stevens Inc.
Bonds payable (due 2021) ............................ $700,000
Notes payable (due 2019) ............................ 80,000
Discount on bonds payable .......................... 28,000

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