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Prepare the liabilities section of obrians balance sheet

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The Liabilities Section of O'Brian's Balance Sheet - Assessment Activity - Week3 - ACC/291 - eCampus

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 (due 2019) $80,000
Income taxes payable $3,500
Sales taxes payable $1,700

Reference no: EM131764119

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