From the following, prepare the long-term liabilities section of a balance sheet: a. Bond sinking fund $375,000
Question:
From the following, prepare the long-term liabilities section of a balance sheet:
a. Bond sinking fund | $375,000 |
b. Premium on 5% bonds | 5,000 |
c. Discount on 9% bonds | 15,000 |
d. 5% Bonds Payable | 470,000 |
e. 9% bonds Payable | 275,000 |
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Related Book For
College Accounting A Practical Approach
ISBN: 9780134729312
14th Edition
Authors: Jeffrey Slater, Mike Deschamps
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