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What is the total non-current liabilities

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Reference no: EM132842576

The adjusted trial balance for Lifesaver Corp. at the end of the current year, 2010, contained the following accounts.

5-year Bonds Payable 8% $1,600,000

Bond Interest Payable 50,000

Notes Payable (3 mo.) 40,000

Notes Payable (5 yr.) 165,000

Mortgage Payable ($15,000 due currently) 200,000

Salaries Payable 18,000

Taxes Payable (due 3/15 of 2011) 25,000

Required:

Problem a.) What is the total current liabilities?

Problem b.) What is the total non-current liabilities?

Reference no: EM132842576

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