At the end of 2012, Brandon Corporation has total current liabilities of $1,755,000. Long-term debt is $850,000,

Question:

At the end of 2012, Brandon has total current liabilities of $1,755,000. Long-term debt is $850,000, and other long-term liabilities are $645,000.
Required
Prepare the liability section of Brandon Corporation's 2012 balance sheet.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...