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Question
Below is a list of various balance sheet accounts and their balances.
Debit Credit
| Notes payable-short term | $800 | |
| Salary payable | 3,600 | |
| Notes payable-long term | 20,000 | |
| Accounts payable | 2,200 | |
| Unearned revenue | 1,000 | |
| Interest payable | 2,200 |
What are the total long-term liabilities that would be shown on the balance sheet?
A) $29,800
B) $9,000
C) $9,800
D) $20,000
Answer
This answer is hidden. It contains 41 characters.
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