Hirjikaka Inc. reports the following current and non-current liabilities: accounts payable $22,500; salaries payable $3,900; interest payable

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Hirjikaka Inc. reports the following current and non-current liabilities:

accounts payable $22,500; salaries payable $3,900; interest payable $5,200; unearned revenue $900; income tax payable $6,400; mortgage payable (due within the year) $5,000; mortgage payable (due in more than one year) $50,000. Prepare the current liabilities section of the statement of financial position.

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Related Book For answer-question

Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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Question Posted: Jan 11, 2017 09:41 AM

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Hirjikaka Inc. reports the following current and non-current liabilities: accounts payable $22,500; salaries payable $3,900; interest payable

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HIRJIKAKA INC Statement of Financial Position Partial Current liabilit...View the full answer

Financial Accounting Tools for Business Decision Making

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