The Balances of Select Accounts of McMurray Company as of December

question 42

Multiple Choice

The balances of select accounts of McMurray Company as of December 31,2018 are given below: The Unearned Revenue is the amount of cash received for services to be rendered in January 2019.Interest Payable will be paid on February 5,2019.What are the total long-term liabilities shown on the balance sheet at December 31,2018?

• A)$1,500
• B)$3,000
• C)$6,000
• D)$23,000

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