Question: Presented below are long - term liability items for sheridan company at december 3 1 , 2 0 2 2 . Bonds payable, due 2

Presented below are long-term liability items for sheridan company at december 31,2022.
Bonds payable, due 2024 $700000
Lease liability $70000
Notes payable, due 2027 $80000
Discount on bonds payable $42000

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