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The Balances of Select Accounts of Sandra Company as at December

Question 86

Multiple Choice

The balances of select accounts of Sandra Company as at December 31, 2015 are given below: 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 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

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