Mill Co.’s trial balance included the following account balances at December 31, 2006:
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|
Accounts payable |
$15,000 |
|
Bonds payable, due 2007 |
25,000 |
|
Discount on bonds payable, due 2007 |
3,000 |
|
Dividends payable 1/31/07 |
8,000 |
|
Notes payable, due 2008 |
20,000 |
What amount should be included in the current liability section of Mill’s December 31, 2006 balance sheet?
- $45,000
- $51,000
- $65,000
- $78,000