The adjusted trial balance for Marigold Corp. at the end of the current year, 2021, contained the following accounts. 5-year Bonds Payable 8% $3000000 Interest Payable 48000 Premium on Bonds Payable 98000 Notes Payable (3 months.) 42000 Notes Payable (5 yr.) 167000 Mortgage Payable ($15000 due currently) 199000 Salaries and wages Payable 19000 Income Taxes Payable (due 3/15 of 2022) 26000 The total long-term liabilities reported on the balance sheet are
a. $3351000.
b. $3464000.
c. $3449000.
d. $3366000.
+4
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The adjusted trial balance for Marigold Corp. at the end of the current year, 2021, contained the following accounts. 5-year Bonds Payable ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Home » Business » The adjusted trial balance for Marigold Corp. at the end of the current year, 2021, contained the following accounts. 5-year Bonds Payable 8% $3000000 Interest Payable 48000 Premium on Bonds Payable 98000 Notes Payable (3 months.