Based on the Balance Sheet you prepared on your scratch paper for the preceding question, what...

  

 

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Based on the Balance Sheet you prepared on your scratch paper for the preceding question, what is the amount shown for Total Liabilities? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 Unadjusted Trial Balance As of 12/31/20xx Accounts Debit Credit Cash $20,530 Prepaid Rent 6,000 Supplies 4,000 Building 15,000 Accounts Payable $2.000 Deferred Revenue 10,000 Common Stock 6,000 Retained Earnings 12,000 Revenue 20,530 Rent Expense 1,000 Salaries Expense 3,000 Utility Expense 1,000 Totals $50,530 $50.530 Additional Information: • Beginning Balance of Common Stock on 1/1/20xx $6.000 Beginning Balance of Retained Earnings on 1/1/20xx $12.000 • No new stock or dividends paid during the accounting period. • Hint: Please remember the formula for retained carnings when preparing the balance sheet. Based on the Balance Sheet you prepared on your scratch paper for the preceding question, what is the amount shown for Total Liabilities? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 Unadjusted Trial Balance As of 12/31/20xx Accounts Debit Credit Cash $20,530 Prepaid Rent 6,000 Supplies 4,000 Building 15,000 Accounts Payable $2.000 Deferred Revenue 10,000 Common Stock 6,000 Retained Earnings 12,000 Revenue 20,530 Rent Expense 1,000 Salaries Expense 3,000 Utility Expense 1,000 Totals $50,530 $50.530 Additional Information: • Beginning Balance of Common Stock on 1/1/20xx $6.000 Beginning Balance of Retained Earnings on 1/1/20xx $12.000 • No new stock or dividends paid during the accounting period. • Hint: Please remember the formula for retained carnings when preparing the balance sheet.