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Create the liabilities section of obrians balance sheet

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Assignment: The Liabilities Section of O'Brian's Balance Sheet

Prepare the liabilities section of O'Brian's balance sheet using the following information:

• Accounts payable $157,000
• Notes payable (due May 1, 2018) $20,000
• Bonds payable (due 2021) $900,000
• Unearned rent revenue $240,000
• Discount on bonds payable $41,000
• FICA taxes payable $7,800
• Interest payable $40,000
• Notes payable (due 2019) $80,000
• Income taxes payable $3,500
• Sales taxes payable $1,700.

Attachment:- Work-Sheet.rar

Reference no: EM131544495

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