At December 31, 2020, Sandhill Corporation has the following account balances: Bonds payable, due January 1, 2029 $2,300,000
Discount on bonds payable 95,000 Interest payable 88,000

Required:
Show how the above accounts should be presented on the December 31, 2020, balance sheet, including the proper classifications.

Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments. a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b