Question: Current Attempt in Progress The following is a partial adjusted trial balance for Frobisher Limited, as at December 31, 2020: Debit Credit $ 3.700 86,000

 Current Attempt in Progress The following is a partial adjusted trial
balance for Frobisher Limited, as at December 31, 2020: Debit Credit $

Current Attempt in Progress The following is a partial adjusted trial balance for Frobisher Limited, as at December 31, 2020: Debit Credit $ 3.700 86,000 50,000 3.300 Income tax payable Bonds payable, due 2032 Notes payable, due 2025 Wages payable Unearned revenue Interest payable Accounts payable Bank loan payable, due 2023 150,000 12.000 81.100 21,000 The bank loan is repayable in annual instalments of $ 2,500 plus interest to be paid on December 31 each year. The 2020 payment was made as required. Prepare, in good form, the liabilities section of the statement of financial position for Frobisher Limited as at December 31, 2020 Froblsher Ltd. Statement of Financial Position (partial) Liabilities December 31, 2020 For the Month Ended, December 31, 2020 For the Year Ended, December 31, 2020 $

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