Show how the above accounts should be presented on the


Question -

At December 31, 2017, Bonita Corporation has the following account balances:

Bonds payable, due January 1, 2026 - $2,600,000

Discount on bonds payable - 71,000

Interest payable - 62,000

Show how the above accounts should be presented on the December 31, 2017, balance sheet, including the proper classifications.

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Accounting Basics: Show how the above accounts should be presented on the
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