These are the accounts in ABC Inc.’s trial balance: Inventory: $19,000 Bonds Payable: $14,500 Patents: 220,000 Land: $80,000 Accounts Payable: $26,500 Cash: $7,000 Equipment: $150,000 Goodwill: $105,000 Notes Payable: $10,000 Wages Payable: $14,000 Common Stock: $85,000 Determine the company’s total long-term liabilities. $25,500 $36,500 $38,500 $24,500 $28,500

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These are the accounts in ABC Inc.’s trial balance: Inventory: $19,000 Bonds Payable: $14,500 Patents: 220,000 Land: $80,000 Accounts Payable: $26,500 Cash: $7,000 Equipment: $150,000 Goodwill: $105,000 Notes Payable: $10,000 Wages Payable: $14,000 Common Stock: $85,000 Determine the company’s total long-term liabilities. $25,500 $36,500 $38,500 $24,500 $28,500

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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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option C
Bonds Payable: $14,500+Notes Payable: $10,000+ Wages Payable: $14,000=$38500
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