Presented here are long-term liability items for Marin Inc. at December 31, 2022.

Bonds payable (due 2026)		$720,000
Notes payable (due 2024)		78,000
Discount on bonds payable		28,000

Prepare the long-term liabilities section of the balance sheet for Marin Inc.

MARIN INC. Balance Sheet (Partial) choose the accounting period                                                           December 31, 2022For the Year Ended December 31, 2022For the Month Ended December 31, 2022
select an opening subsection name                                                           Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity
enter an account title			$enter a dollar amount
select between addition and deduction                                                           AddLess: enter an account title			enter a dollar amount		$enter a subtotal of the two previous amounts
enter an account title					enter a dollar amount
select a closing subsection name                                                           Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity					$enter a total amount for this subsection

Answer rating: 100% (QA)

A 1 MARTIN INC 2 Balance Sheet Partial 3 De... View the full answer