The balances of select accounts of Sandra Company as at December 31, 2015 are given below:
-Refer to the table above.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
Correct Answer:
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