Janson Corporation Co.'s trial balance included the following account balances at December 31,2018 :
Question 8
Janson Corporation Co.'s trial balance included the following account balances at December 31, 2018:
Accounts payable | $25,000 |
Bond payable, due 2027 | 22,000 |
Salaries payable | 16,000 |
Note payable, due 2019 | 20,000 |
Note payable, due 2023 | 40,000 |
What amount should be included in the current liabilities section of Janson's December 31,2018 , balance sheet?
$ 63,000
$ 61,000.
$ 101,000
$ 41,000.
Homework Answers
| 8 | |
| Accounts Payable | 25000 |
| Salaries payable | 16000 |
| Note payable,due 2019 | 20000 |
| Amount of Current Liabilities | 61000 |
| $61,000 is correct option | |
| 9 | |
| Composition of Long-term debt-No | |
| Depreciation method- Yes | |
| Option a is correct | |
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Janson Corporation Co.'s trial balance included the following account balances at December 31,2018 :
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