Lanson Corporation Co's trial balance included the following account balances at December 31, 2021: Accounts payable Bonds payable, due 2030 Salaries payable $26,200 24,700 17,800 Notes payable, due 2022 Notes payable, due 2026 21,300 41,ee0 What amount should be included in the current liabilities section of Lanson's December 31, 2021, balance sheet?

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter6: Cash And Receivables
Section: Chapter Questions
Problem 14P: Analyzing Accounts Receivable Upham Companys June 30, 2019, balance sheet included the following...
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Lanson Corporation Co's trial balance included the following account balances at December 31, 2021:
Accounts payable
Bonds payable, due 2030
Salaries payable
$26, 200
24,700
17,800
Notes payable, due 2022
Notes payable, due 2026
21,300
41,000
What amount should be included in the current liabilities section of Lanson's December 31, 2021, balance sheet?
ultiple Cho
$68,700.
$65,300.
$44,000.
$106,300.
Transcribed Image Text:Font Paragraph Styles Lanson Corporation Co's trial balance included the following account balances at December 31, 2021: Accounts payable Bonds payable, due 2030 Salaries payable $26, 200 24,700 17,800 Notes payable, due 2022 Notes payable, due 2026 21,300 41,000 What amount should be included in the current liabilities section of Lanson's December 31, 2021, balance sheet? ultiple Cho $68,700. $65,300. $44,000. $106,300.
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