Question: Question no. 13 Presented below are long-term liability items for Molini Company at December 31, 2010. Prepare the long-term liabilities section of the balance sheet

Question no. 13 Presented below are long-term liability items for Molini

Question no. 13 Presented below are long-term liability items for Molini Company at December 31, 2010. Prepare the long-term liabilities section of the balance sheet for Molini Company. Bonds payable, due 2012 $500,000 Lease liability 70,000 Discount on bonds payable 45,000

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