Question: Current Attempt in Progress Flint Models has the following account balances at December 31, 2024: Notes payable ($68,000 due after Dec. 31, 2025) $114,000

Current Attempt in Progress Flint Models has the following account balances at December 31, 2024: Notes payable ($68,000 due after Dec. 31, 2025) $114,000

Current Attempt in Progress Flint Models has the following account balances at December 31, 2024: Notes payable ($68,000 due after Dec. 31, 2025) $114,000 Unearned revenue 80,000 Mortgage payable ($103,000 due in 2025) 285,000 Salaries payable 36,000 Accounts payable 72,000 In addition, Flint is involved in a lawsuit. Legal counsel feels it is probable Flint will pay damages of $29,000 in 2025. Flint records contingent liabilities in the account Litigation Liability. Prepare the current liabilities section of Flint's December 31, 2024, balance sheet. FLINT MODELS (Partial) Balance Sheet Prepare the current liabilities section of Flint's December 31, 2024, balance sheet. FLINT MODELS (Partial) Balance Sheet

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