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The adjusted trial balance for Carla Vista Corporation at July 31, 2021, the corporation's fiscal year end, contained th
Posted: Wed Jul 06, 2022 6:12 am
by answerhappygod
- The Adjusted Trial Balance For Carla Vista Corporation At July 31 2021 The Corporation S Fiscal Year End Contained Th 1 (80.35 KiB) Viewed 11 times
The adjusted trial balance for Carla Vista Corporation at July 31, 2021, the corporation's fiscal year end, contained the following: Accounts payable $91,000 Note payable $133,000 Accounts receivable 106,500 Lease liability 62,000 Bonds payable, due 2025 195,000 Note receivable, due December 2021 33,500 Interest payable 5,000 Unearned revenue 9.500 Of the lease liability amount, $15,500 is due within the next year. Total payments on the note payable in the fiscal year 2022 will be $25,500: $6,500 is for interest and $19,000 for principal repayments. (a) Prepare the non-current liabilities section of the balance sheet as at July 31, 2021. (Enter account name only and do not provide descriptive information.) CARLA VISTA CORPORATION Balance Sheet (Partial) DODO