Current Attempt in Progress Presented below are long-term liability items for Oriole Company at December 31, 2022. Bonds payable, due 2024 $650,000 Lease liability 60,000 Notes payable, due 2027 70,000 Discount on bonds payable 42,250 Prepare the long-term liabilities section of the balance sheet for Oriole Company. (Enter account name only and do not provide descriptive information.) Oriole Company Balance Sheet (Partial) $ $ $
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- Presented here are long-term liability items for Teal Mountain Inc. at December 31, 2022. Bonds payable (due 2026) Notes payable (due 2024) Discount on bonds payable $790,000 V: 72,000 33,000 Prepare the long-term liabilities section of the balance sheet for Teal Mountain Inc. TEAL MOUNTAIN INC. Balance Sheet (Partial) please dont provide solutions image based thnxPresented here are long-term liability items for Blossom Inc. at December 31, 2022. Bonds payable (due 2026) $605,000 Lease liability 68,000 Notes payable (due 2024) 78,000 Discount on bonds payable 45,375 Prepare the long-term liabilities section of the balance sheet for Blossom Inc. (Enter account name only and do not provide descriptive information.) Blossom Inc. Balance Sheet $ 69 $ $Presented here are long-term liability items for Shamrock, Inc. at December 31, 2022. Bonds payable (due 2026) Notes payable (due 2024) Discount on bonds payable $720,000 VI 75,000 22,000 Prepare the long-term liabilities section of the balance sheet for Shamrock, Inc. SHAMROCK, INC. Balance Sheet (Partial)
- Presented here are long-term liability items for Sage Hill Inc. at December 31, 2025. Bonds payable (due 2029) Notes payable (due 2027) Discount on bonds payable $900,000 84,000 21,000 Prepare the long-term liabilities section of the balance sheet for Sage Hill Inc. SAGE HILL INC. Balance Sheet (Partial) $GE Presented here are long-term liability items for Marin Inc. at December 31, 2022. Bonds payable (due 2026) Notes payable (due 2024) Discount on bonds payable $720,000 78,000 28,000 Prepare the long-term liabilities section of the balance sheet for Marin Inc. MARIN INC. Balance Sheet (Partial) $Presented here are long-term liability items for Splish Brothers Inc. at December 31, 2025. Bonds payable (due 2029) $720,000 Notes payable (due 2027) 72,000 Discount on bonds payable 37,000 Prepare the long-term liabilities section of the balance sheet for Splish Brothers Inc. < SPLISH BROTHERS INC. Balance Sheet (Partial) Next question $ $ $
- Presented below are long-term liability items for Crane Company at December 31, 2020. Bonds payable, due 2022 $575,000 Lease liability 70,000 Notes payable, due 2025 80,000 Discount on bonds payable 37,375 Prepare the long-term liabilities section of the balance sheet for Crane Company. (Enter account name only and do not provide descriptive information.) Crane CompanyBalance Sheet (Partial) For the Month Ended December 31, 2020For the Year Ended December 31, 2020December 31, 2020 Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders’ Equity $ Add Less :…At December 31, 2020, Stellar Corporation has the following account balances: Bonds payable, due January 1, 2029 Discount on bonds payable Interest payable $1,900,000 102,000 # 92,000 Show how the above accounts should be presented on the December 31, 2020, balance sheet, including the proper classifications. (Enter account name only and do not provide descriptive information.) Stellar Corporation Balance Sheet (Partial) $ tAPresented here are liability items for kingbird inc.at December 31,2022 accounts payable 251200 notes payable (due may 1 2023) 3200 bonds payable (due 2026) 1440000 unearned rent revenue 384000 discount on bonds payable 65600 fica 12480 interest payable 64000 notes payable (due 2024) 128000 income taxes payable 5600 sales taxes payable 2720 prepare the liabilities section of kingbird's balance sheet
- MSI Inc -(ALL ENTRIES FOR MSI ONLY) KEY for Accounting Component Assets = A Liabilities = L Stockholders' Equity = SE Accounting Component On July 1st 2019, MSI Inc issued $800,000, 3%, 10 year bonds at 103. The bonds pay interest annually. Prepare the Debit (DR) Credit (CR) Account 3 journal entry to record the issuance of the bonds. What is the total cost of borrowing? TOTAL COST OF BORROWING = On January 1st 2020, MSI Inc issues $500,000 4%, 6 year bonds at face value. Prepare the entry to record the issuance of the bonds. On December 31st 2020, MSI Inc does an adjusting entry to record the accrual of interest for #4 above. On January 1st, 2020, MSI pays the accrued bond interest and calls the bonds at 101 (refer to #4 above). Record the payment of interest and redemption of the bonds.At December 31, 2025, Cullumber Corporation has the following account balances: Bonds payable, due January 1, 2034 Discount on bonds payable Interest payable $1,400,000 76,000 71,000 Show how the above accounts should be presented on the December 31, 2025, balance sheet, including the proper classific CULLUMBER CORPORATION Balance Sheet (Partial) LAcan you show me how to solve this problem for accounting? Presented here are long-term liability items for Metlock, Inc. at December 31, 2022. Bonds payable (due 2026) $660,000 Notes payable (due 2024) 90,000 Discount on bonds payable 28,000