An adjustment trial balance for helton corporation at the end of 2014 contained th following accounts bond paable 10% 500,000
interest payable 20,000
discount on bonds payable 30,000
notes payable 9% due 2016 70,000
accounts payable 120,000
Prepare a long term liabilities of a balance sheet
b indicate the proper balance sheet classification for the accounts listed that do not belong in the long term section