Question: Problem 10-03A a-f (Video) (Part Level Submission) On May 1, 2020, Herron Corp. issued $600,000, 9%, 5-year bonds at face value. The bonds were dated

 Problem 10-03A a-f (Video) (Part Level Submission) On May 1, 2020,
Herron Corp. issued $600,000, 9%, 5-year bonds at face value. The bonds

Problem 10-03A a-f (Video) (Part Level Submission) On May 1, 2020, Herron Corp. issued $600,000, 9%, 5-year bonds at face value. The bonds were dated May 1, 2020, and pay interest annually on May 1. Financial statements are prepared annually on December 31. Show the balance sheet presentation on December 31, 2020. (Enter account name only and do not provide descriptive information. Herron Corp. Balance Sheet December 31, 2020 Long-term Liabilities Bonds Payable

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