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    Intermediate Accounting Study Set 7
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    Exam 6: Statements of Financial Position and Cash Flows and the Annual Report
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    Presented Below Are Selected Accounts for San Marcos Corporation for December
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Presented Below Are Selected Accounts for San Marcos Corporation for December

Question 20

Question 20

Multiple Choice

Presented below are selected accounts for San Marcos Corporation for December 31 of the current year. Presented below are selected accounts for San Marcos Corporation for December 31 of the current year.    What are long-term liabilities for San Marcos Corporation? A)  $920 B)  $1,000 C)  $1,025 D)  $1,130
What are long-term liabilities for San Marcos Corporation?


A) $920
B) $1,000
C) $1,025
D) $1,130

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