calculate (use attached file)
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Resources:
Financial Accounting: Tools for Business Decision Making
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
Show
work on the Week 3 Excel® spreadsheet.
Note
: This assignment requires that you only submit an Excel® Workbook file. There are no written or APA guideline requirements.
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