SHOW LIST OF ACCOUNTS SHOW LIST OF ACCOUNTS SHOW LIST OF ACCOUNTS Brief Exercise
ID: 2526310 • Letter: S
Question
SHOW LIST OF ACCOUNTS SHOW LIST OF ACCOUNTS SHOW LIST OF ACCOUNTSBrief Exercise 10-12
Presented here are long-term liability items for Kingbird, Inc. at December 31, 2017.Bonds payable (due 2021) $840,000 Notes payable (due 2019) 87,000 Discount on bonds payable 29,000
Prepare the long-term liabilities section of the balance sheet for Kingbird, Inc.
KINGBIRD, INC.
Balance Sheet (Partial)
choose the accounting period For the year Ended December 31, 2017For the Month Ended December 31, 2017December 31, 2017 select an opening subsection name Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, 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 enter an account title $enter a dollar amount select between addition and deduction Add Less : enter an account title enter a dollar amount $enter a subtotal of the two previous amounts enter an account title enter a dollar amount select a closing subsection name Current Assets Current Liabilities Intangible Assets Long-term Investments Long-term Liabilities Net Income / (Loss) Property, Plant and Equipment Stockholders' Equity Total Assets Total Current Assets Total Current Liabilities Total Intangible Assets Total Liabilities Total Liabilities and Stockholders' Equity Total Long-term Investments Total Long-term Liabilities Total Property, Plant and Equipment Total Stockholders' Equity $enter a total amount for this subsection SHOW LIST OF ACCOUNTS
Explanation / Answer
Balance sheet presentation :
Long term liabilities Bonds payable 840000 Less; Discount on bonds payable -29000 811000 Notes payable 87000 Total long term liabilities 898000Related Questions
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