Mill co.'s trial balance included the following account balances at december 31, year 6:
acco...
Mill co.'s trial balance included the following account balances at december 31, year 6:
accounts payable: $15,000
bonds payable, due year 7: $25,000
discount on bonds payable, due year 7: $3,000
dividends payable 1/31/year 7: $8,000
notes payable, due year 8: $20,000
what amounts should be included in the current liability section of mill's december 31, year 6, balance sheet?
a) $71,000
b) $51,000
c) $65,000
d) $45,000
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