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What are the total long-term liabilities

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Question - The balances of select accounts of McMurray, Inc. as of December 31, 2024 are given below:

Notes Payable-short - term $1,500

Salaries Payable 6,000

Notes Payable-long-term 20,000

Accounts Payable 3,000

Unearned Revenue 2,000

Interest Payable 2,500

The Unearned Revenue is the amount of cash received for services to be rendered in January 2025. Interest Payable will be paid on February 5, 2025. What are the total long-term liabilities shown on the balance sheet at December 31, 2024?

Reference no: EM133145035

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