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The Balances of Select Accounts of McMurray Company as of December

Question 42

Multiple Choice

The balances of select accounts of McMurray Company as of December 31,2018 are given below: The balances of select accounts of McMurray Company as of December 31,2018 are given below: The Unearned Revenue is the amount of cash received for services to be rendered in January 2019.Interest Payable will be paid on February 5,2019.What are the total long-term liabilities shown on the balance sheet at December 31,2018? A) $1,500 B) $3,000 C) $6,000 D) $23,000 The Unearned Revenue is the amount of cash received for services to be rendered in January 2019.Interest Payable will be paid on February 5,2019.What are the total long-term liabilities shown on the balance sheet at December 31,2018?


A) $1,500
B) $3,000
C) $6,000
D) $23,000

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