The following are the account balances of a business Land $110,000, accounts payable $20,000, Capital $180,000, salaries
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The following are the account balances of a business Land $110,000, accounts payable $20,000, Capital $180,000, salaries payable $18,000, Equipment 200,000 retained earnings $58,000, Cash 125,000, sales tax payable $15,000, Accounts receivable 80,000 and 6month notes payable 20,000 The total long term liabilities of the business are?
Related Book For
Accounting Principles
ISBN: 978-1119048503
7th Canadian Edition Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
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