The accounting records of Brown Industrial, Inc., include the following items at December 31 , 2012:

Requirement
1. Report these liabilities on Brown Industrial€™s balance sheet at December 31, 2012,
includingheadings.

Transcribed Image Text:

Salaries Payable.. Mortgage Notes Payable, $15,000 Accounts PayabS 51,000 Mortgage Note Payable Current Portion. Discount on Bonds Payable8 Income Tax Payable... 25,000 8,000 105,000 11,000 9,000 Bonds Payable (Due 2015)200,000 Long-Term Interest Payable. ..