Business
Business, 19.03.2021 18:00, jacobwaltom

The adjusted trial balance for Concord Corporation at the end of the current year, 2018, contained the following accounts. 5-year Bonds Payable 8% $3000000
Interest Payable 51000
Premium on Bonds Payable 100000
Notes Payable (3 months.) 42000
Notes Payable (5 yr.) 167000
Mortgage Payable ($17000 due currently) 201000
Salaries and wages Payable 16000
Income Taxes Payable (due 3/15 of 2019) 23000
The total long-term liabilities reported on the balance sheet are:.
a. $3351000.
b. $3468000.
c. $3451000.
d. $3368000.

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