Question: Presented below are long-term liability items for Lind Company at December 31, 2017. Prepare the long-term liabilities section of the balance sheet for Lind Company.
Presented below are long-term liability items for Lind Company at December 31, 2017. Prepare the long-term liabilities section of the balance sheet for Lind Company.
Bonds payable, due 2019..........................................$600,000
Lease liability......................................................................70,000
Notes payable, due 2022..............................................80,000
Discount on bonds payable..........................................45,000
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