The adjusted trial balance for JKL Ltd at the end of the current year, 2022, contained...

Transcribed Image Text:

The adjusted trial balance for JKL Ltd at the end of the current year, 2022, contained the following accounts. 5-year Bonds Payable 8% Bond Interest Payable Notes Payable (due in 3 months) Notes Payable (due in 5 years) $2,400,000 100,000 80,000 247,500 300,000 29,000 42,500 Mortgage Payable ($22,500 due currently) Salaries and Wages Payable Taxes Payable (due March 15 of 2023) The total non-current liabilities reported on the statement of financial position are? The adjusted trial balance for JKL Ltd at the end of the current year, 2022, contained the following accounts. 5-year Bonds Payable 8% Bond Interest Payable Notes Payable (due in 3 months) Notes Payable (due in 5 years) $2,400,000 100,000 80,000 247,500 300,000 29,000 42,500 Mortgage Payable ($22,500 due currently) Salaries and Wages Payable Taxes Payable (due March 15 of 2023) The total non-current liabilities reported on the statement of financial position are?

Answer rating: 100% (QA)

From the given accounts the noncurrent liabilities include 5year Bonds Payable 2400000 Bond I... View the full answer