Question: CALCULA Multiple Choice Question 188 The adjusted trial balance for Sheridan Corp. at the end of the current year, 2018, contained the following accounts. Sands

CALCULA Multiple Choice Question 188 The adjusted trial balance for Sheridan Corp. at the end of the current year, 2018, contained the following accounts. Sands Payable 8% $1450000 Interest Payable 55000 Premium on Bonds Payable 145000 Notes Payable (3 mo.) 37000 Notes Payable (5 yr.) 142000 Mortgage Payable ($8000 due currently) 240000 Salaries and Wages Payable 23000 Taxes Payable (due 3/15 of 2019) 29000 The total long-term liabilities reported on the balance sheet are $1969000 286 $1977000. Study $1824000. $1832000

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