At december 31 2014 hyasaki corporation has the following, Ask an Expert

Accounting

At December 31, 2014, Hyasaki Corporation has the following account balances:

Bonds payable, due January 1, 2023 $2,231,000
Discount on bonds payable 96,800
Interest payable 88,350

Show how the above accounts should be presented on the December 31, 2014, balance sheet, including the proper classifications.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91224376

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