Thomas Corporations adjusted trial balance contained the following liability accounts at December 31, 2015. Bonds Payable (due
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Thomas Corporation’s adjusted trial balance contained the following liability accounts at December 31, 2015. Bonds Payable (due in 3 years) $100,000, Accounts Payable $72,000, Notes Payable (due in 90 days) $22,500, Salaries and Wages Payable $4,000, and Income Taxes Payable $7,000. Prepare the current liabilities section of the statement of financial position.
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Related Book For
Intermediate Accounting IFRS Edition
ISBN: 9781118443965
2nd Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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