The adjusted trial balance for Waterway Industries at the end of the current year, 2021, contained the following accounts.   5-year Bonds Payable 9%   $3000000   Interest Payable   48000   Premium on Bonds Payable   98000   Notes Payable (3 months.)   38000   Notes Payable (5 yr.)   166000   Mortgage Payable ($13000 due currently)   200000   Salaries and wages Payable   16000   Income Taxes Payable (due 3/15 of 2022)   23000 The total long-term liabilities reported on the balance sheet are $3366000. $3464000. $3353000. $3451000.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The adjusted trial balance for Waterway Industries at the end of the current year, 2021, contained the following accounts.

  5-year Bonds Payable 9%   $3000000
  Interest Payable   48000
  Premium on Bonds Payable   98000
  Notes Payable (3 months.)   38000
  Notes Payable (5 yr.)   166000
  Mortgage Payable ($13000 due currently)   200000
  Salaries and wages Payable   16000
  Income Taxes Payable (due 3/15 of 2022)   23000


The total long-term liabilities reported on the balance sheet are

$3366000.
$3464000.
$3353000.
$3451000.
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