Question: Current Attempt in Progress The adjusted trial balance for Vaughn Manufacturing at the end of the current year, 2021, contained the following accounts. 5-year Bonds

Current Attempt in Progress The adjusted trial balance for Vaughn Manufacturing at the end of the current year, 2021, contained the following accounts. 5-year Bonds Payable 8% Interest Payable Premium on Bonds Payable Notes Payable (3 months.) Notes Payable (5 yr.) Mortgage Payable ($15000 due currently) Salaries and wages Payable Income Taxes Payable (due 3/15 of 2022) $3000000 48000 99000 42000 165000 198000 20000 23000 The total long-term liabilities reported on the balance sheet are O $3363000. O $3348000 $3447000. O $3462000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
