The adjusted trial balance for Lifesaver Corp. at the end of the current year, 2018, contained the following accounts. 5-year Bonds Payable 8% $3,000,000Interest Payable 50,000Premium on Bonds Payable 100,000Notes Payable (3 months.) 40,000Notes Payable (5 yr.) 165,000Mortgage Payable ($15,000 due currently) 200,000Salaries and Wages Payable 18,000Income Taxes Payable (due 3/15 of 2019) 25,000The total long-term liabilities reported on the balance sheet area. $3,365,000. b. $3,350,000. c. $3,465,000. d. $3,450,000.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The adjusted trial balance for Lifesaver Corp. at the end of the current year, 2018, contained the following accounts. 5-year Bonds Payable ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
You are assigned to a team focusing on how to best welcome refugees to a city and have been told to look at laws and customs in their countries. What is your team researching? O quality of life O depression O global issues O sustainability
Answers (2)
1. Which of these does NOT represent a decrease in net cash received on an employee's paycheck? a. gross wagesb. Medicare taxesc. social security taxesd. federal withholding taxes2. Year-to-date summaries on a paycheck stub are similar to the wayA.
Answers (1)
Interest is: A - charge for lending money to a bank B-the amount owed for borrowing money C-the amount added into your savings when opening a bank account D-a charge for the convenience of accessing money stored in your bank account
Answers (1)
Which of the following statements are true about both monopolistic competition and monopolies? Check all that apply. Firms earn zero profit in the long run. Firms are not price takers. Firms can earn positive profit in the long run.
Answers (1)
Assets, Institutions, and Linkages. Which assets play the most critical role in linking the major institutions that make up the global financial market place?
Answers (1)
New Questions in Business
1. Of the 4 strategic approaches to international markets, which one (s) might be the best for a manufacturing company? a financial services company? or a company like Coke or Pepsi? Thoughts? 2.
Answers (1)
Masks Inc. is a cosmetics company that makes beauty products. It uses whale oil from dead whales only and does not kill whales to obtain blubber. A newspaper publishes a report stating that Masks Inc.
Answers (1)
Transfer payments are not included in gdp calculation because these are
Answers (1)
In which year were tobacco commercials banned from network television in the united states?
No Answers
Maggie's manager notices that she exhibits an external locus of control when she speaks about her work. Her manager should Group of answer choices a. direct Maggie toward a job with more autonomy. b.
Answers (1)