Bonds


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: Bonds
Reference No:- TGS0938226

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