Business, 21.12.2019 02:31 kkruvc

Gar, inc.’s trial balance reflected the following liability account balances at december 31, year 6: accounts payable $19,000bonds payable, due year 7 34,000deferred income tax liability 4,000discount on bonds payable 2,000dividends payable on 2/15/year 7 5,000income tax payable 9,000notes payable, due year 8 6,000the deferred tax liability is based on temporary differences that will reverse in year 8 and year 9.in gar’s december 31, year 6 balance sheet, the current liabilities total was: a. $71,000b. $65,000c. $67,000d. $69,000

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Gar, inc.’s trial balance reflected the following liability account balances at december 31, year 6:...

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