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Question - The adjusted trial balance for Gilligan Corporation at the end of the current year contained the following accounts.

Bond Interest Payable                  $ 9,620

Lease Liability                              84,999

Bonds Payable, due 2013              195,340

Premium on Bonds Payable           35,605

Instructions - Complete the long-term liabilities section of the balance sheet.

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  • Category:- Accounting Basics
  • Reference No.:- M92599417
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