The adjusted trial balance for Swifty Corporation at the end of the current year, 2021, contained the following accounts. 5-year Bonds Payable 9% $2900000 Interest Payable 49000 Premium on Bonds Payable 101000 Notes Payable (3 months.) 39000 Notes Payable (5 yr.) 165000 Mortgage Payable ($15000 due currently) 202000 Salaries and wages Payable 16000 Income Taxes Payable (due 3/15 of 2022) 24000 The total long-term liabilities reported on the balance sheet areA) $2,865,000. B) $2,850,000. C) $2,965,000. D) $2,950,000.
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Business, 22.06.2019 09:30
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During the current year, luis university received a $50,000 gift from an alumna who specified that it must be used to pay travel costs for faculty to attend health care conferences in foreign countries. during the year the university spent $8,000 to support travel to a health care conference in italy. the $8,000 disbursement will cause a net decrease in which class of net assets?
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1. using only the amounts given, compute net cash provided by operations, both without and with the reclassification of the receivables. which reporting makes moss look better? 2. under what condition would the reclassification of the receivables be ethical? 3. unethical?
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The adjusted trial balance for Swifty Corporation at the end of the current year, 2021, contained th...
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