(Solved by Humans)-Problem 9-75A REPORTING LONG-TERM DEBT Fridley Manufacturing’s accounting records reveal the...

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Problem 9-75A  REPORTING LONG-TERM  DEBT Fridley Manufacturing’s accounting records reveal the following account balances after adjusting entries are made on December 31, 2012: OB JE C T I VE :,, 2   Accounts payable $ 62,500 Bonds payable (9.4%, due in 2019) 800,000 Capital lease liability* 41,500 Bonds payable (8.7%, due in 2015) 50,000 Deferred  tax liability* 133,400 Discount on bonds payable (9.4%, due in  2019) 12,600 Income taxes payable 26,900 Interest payable Installment note payable (8% equal installments due 2013 to 2016) 38,700   120,000 Notes payable (7.8%, due in 2017) 400,000 Premium on notes payable (7.8%, due in 2017) 6,100 Zero coupon note payable, $50,000 face amount, due in   2018 31,900 * Long-term liability   Required: Prepare the current liabilities and long-term debt portions of Fridley’s balance sheet at December 31, 2012. Provide a separate line item for each issue (i.e., do not combine separate bonds or notes payable), but some items may need to be split into more than one item.