Presented here are long-term liability items for Sage Hill Inc. at December 31, 2025. Bonds payable (due 2029) Notes payable (due 2027) Discount on bonds payable $900,000 84,000 21,000 Prepare the long-term liabilities section of the balance sheet for Sage Hill Inc. SAGE HILL INC. Balance Sheet (Partial)

Presented here are long-term liability items for Sage Hill Inc. at December 31, 2025. Bonds payable (due 2029) Notes payable (due 2027) Discount on bonds payable $900,000 84,000 21,000 Prepare the long-term liabilities section of the balance sheet for Sage Hill Inc. SAGE HILL INC. Balance Sheet (Partial)

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter9: Long-term Liabilities

Section: Chapter Questions

Problem 73E

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