The adjusted trial balance for Perry Corporation at the end of 2018 contained the following accounts: Bonds payable, 10% $800,000 Interest payable 20,000 Discount on bonds payable 40,000 Mortgage notes payable, 9%, due 2020 90,000 Accounts payable 120,000 (a) Prepare the long-term liabilities section of the balance sheet.
The adjusted trial balance for Perry Corporation at the end of 2018 contained the following accounts: Bonds payable, 10% $800,000 Interest payable 20,000 Discount on bonds payable 40,000 Mortgage notes payable, 9%, due 2020 90,000 Accounts payable 120,000 (a) Prepare the long-term liabilities section of the balance sheet.
Chapter1: Financial Statements And Business Decisions
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The adjusted trial balance for Perry Corporation at the end of 2018 contained the following accounts:
Bonds payable, 10%
$800,000
Interest payable
20,000
Discount on bonds payable
40,000
Mortgage notes payable, 9%, due 2020
90,000
Accounts payable
120.000
(a)
Prepare the long-term liabilities section of the balance sheet.
e here to search
a
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%24
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7.
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09
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