ACC 206 - Ashford -Chapter 15 week 1 E15-25 - 91082

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Chapter 15 week 1 E15-25... At December 31, MediShare Precision Instruments owes $50,000 on accounts payable, plus salary payable of $10,000 and income tax payable of $8,000. MediShare also has $200,000 of bonds payable that require payment of a $20,000 installment next year and the remainder in later years.
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current year.

Report MediShare’s liabilities on its classified balance sheet. List the current liabilities in desce

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