Question: Problem 10-3A (Part Level Submission) On May 1, 2017, Herron Corp. issued $570,000, 11%, 5-year bonds at face value. The bonds were dated May 1,

Problem 10-3A (Part Level Submission) On May 1, 2017, Herron Corp. issued $570,000, 11%, 5-year bonds at face value. The bonds were dated May 1, 2017, and pay interest annually on May 1. Financial statements are prepared annually on December 31.

Problem 10-3A (Part Level Submission) On May 1, 2017, Herron Corp. issued

(c) Show the balance sheet presentation on December 31, 2017. (Enter account name only and do not provide descriptive information.) Herron Corp. Balance Sheet

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