The balances of select accounts of Sandra Company as at December 31, 2015 are given below: The unearned revenue is the amount of cash received for services to be rendered in January, 2016. What are the total long-term liabilities shown on the balance sheet?
A)$1,200
B)$4,000
C)$5,200
D)$25,000

Question

The balances of select accounts of Sandra Company as at December 31, 2015 are given below:  The unearned revenue is the amount of cash received for services to be rendered in January, 2016. What are the total long-term liabilities shown on the balance sheet?
A)$1,200 
B)$4,000 
C)$5,200 
D)$25,000

Quizplus · Accepted Answer

The Answer of The balances of select accounts of Sandra Company as at December 31, 2015 are given below:  The unearned revenue is the amount of cash received for services to be rendered in January, 2016. What are the total long-term liabilities shown on the balance sheet?
A)$1,200 
B)$4,000 
C)$5,200 
D)$25,000

The Balances of Select Accounts of Sandra Company as at December