Multiple Choice Question 102 The adjusted trial balance for Concord Corporation at the end of the current year, 2018, contained the following accounts. 5-year Bonds Payable 8% $3000000 Interest Payable 51000 Premium on Bonds Payable 100000 Notes Payable (3 months.) 42000 Notes Payable (5 yr.) 167000 Mortgage Payable ($17000 due currently) 201000 Salaries and wages Payable 16000 Income Taxes Payable (due 3/15 of 2019) 23000 The total long-term liabilities reported on the balance sheet are $3351000. $3468000. $3451000. $3368000.

Multiple Choice Question 102 The adjusted trial balance for Concord Corporation at the end of the current year, 2018, contained the following accounts 5-year Bonds Payable 8% Interest Payable $3000000 51000 100000 42000 Premium on Bonds Payable Notes Payable (3 months.) Notes Payable (5 yr.) 167000 Mortgage Payable ($17000 due currently). 201000 16000 Salaries and wages Payable Income Taxes Payable (due 3/15 of 2019) 23000 The total long-term liabilities reported on the balance sheet are $3351000. $3468000 $3451000. $3368000