Business
Business, 10.05.2021 16:40, justinderringer03

The adjusted trial balance for Monty Corp. at the end of the current year contained the following accounts. 5-year Bonds Payable 8% $1500000
Bond Interest Payable 47000
Premium on Bonds Payable 94000
Notes Payable (3 mo.) 38000
Notes Payable (5 yr.) 155000
Mortgage Payable ($14000 due currently) 188000
Salaries and Wages Payable 17000
Taxes Payable (due 3/15 of next yr) 24000

Required:
What are the total long-term liabilities reported on the balance sheet?

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Answers: 2

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