Refer to the following list of liability balances at December 31, 2019. Accounts Payable $20,000 850 Employee Health Insurance Payable Employee Income Tax Payable 1,100 1,300 Estimated Warranty Payable (Due 2020) Long-Term Notes Payable (Due 2022) 40,000 1,260 570 FICA OASDI Taxes Payable Sales Tax Payable Mortgage Payable (Due 2023) Bonds Payable (Due 2024) OA. $40,000 OB. $105,000 to C. $49,000 te OD. $96,000 9,000 56,000

Refer to the following list of liability balances at December 31, 2019. Accounts Payable $20,000 850 Employee Health Insurance Payable Employee Income Tax Payable 1,100 1,300 Estimated Warranty Payable (Due 2020) Long-Term Notes Payable (Due 2022) 40,000 1,260 570 FICA OASDI Taxes Payable Sales Tax Payable Mortgage Payable (Due 2023) Bonds Payable (Due 2024) OA. $40,000 OB. $105,000 to C. $49,000 te OD. $96,000 9,000 56,000

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter14: Financing Liabilities: Bonds And Long-term Notes Payable

Section: Chapter Questions

Problem 9RE

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