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The Adjusted Trial Balance for Beneteau Corporation at the End

Question 245

Multiple Choice

The adjusted trial balance for Beneteau Corporation at the end of the 2017 included the following accounts:  5-year Bonds Payable 8% 6,620,000 Bond Interest Payable 240,000 Notes Payable (3 mo.)  50,000 Notes Payable (5yr.) 1,650,000 Mortgage Payable ( €150,000 due currently)  2,000,000 Salaries and Wages Payable 68,000 Taxes Payable (due 3/15 of next vear)  85,000\begin{array}{lr}\text { 5-year Bonds Payable 8\% } & € 6,620,000 \\\text { Bond Interest Payable } & 240,000 \\\text { Notes Payable (3 mo.) } & 50,000 \\\text { Notes Payable }(5 \mathrm{yr} .) & 1,650,000\\\text { Mortgage Payable ( } € 150,000 \text { due currently) } & 2,000,000 \\\text { Salaries and Wages Payable } & 68,000 \\\text { Taxes Payable (due } 3 / 15 \text { of next vear) } & 85,000\end{array} The total non-current liabilities reported on the statement of financial position at December 31, 2017 are


A) €9,880,000
B) €10,030,000
C) €10,120,000
D) €10,360,000

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