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The adjusted trial balance for Pina Colada Corp. at the end of the current year contained the following accounts. 5-year Bonds Payable 8% $1650000 Bond Interest Payable 52000 Premium on Bonds Payable 103000 Notes Payable (3 mo.) 41000 Notes Payable (5 yr.) 170000 Mortgage Payable ($15000 due currently) 206000 Salaries and Wages Payable 19000 Taxes Payable (due 3/15 of next yr) 26000 The total long-term liabilities reported on the balance sheet are
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The adjusted trial balance for Pina Colada Corp. at the end of the current year contained the follow...
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