Presented here are liability items for OBrian Inc. at December 31, 2025. Prepare the liabilities section of
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Presented here are liability items for O’Brian Inc. at December 31, 2025. Prepare the liabilities section of O’Brian’s balance sheet.
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Accounts payable Notes payable (due May 1, 2026) Bonds payable (due 2029) Unearned rent revenue Discount on bonds payable $157,000 20,000 900,000 240,000 41,000 FICA taxes payable Interest payable Notes payable (due 2027) Income taxes payable Sales taxes payable $ 7,800 40,000 80,000 3,500 1,700
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Related Book For
Accounting Tools For Business Decision Making
ISBN: 9781119791058
8th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Jill E. Mitchell
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