Question: Current Liabilities Section Instructions Labels and Amount Descriptions Balance Sheet Instructions X Labels and Amount Descriptions Jackie Company had the following accounts and balances on

 Current Liabilities Section Instructions Labels and Amount Descriptions Balance Sheet Instructions

Current Liabilities Section Instructions Labels and Amount Descriptions Balance Sheet Instructions X Labels and Amount Descriptions Jackie Company had the following accounts and balances on December 31, 2016: Income Taxes Payable $61,250 Notes Payable, 10%, due June 2, 2017 $1,000 Allowance for Doubtful Accounts 17,800 Accounts Receivable 67,500 Accounts Payable 24.400 Discount on Notes Payable 150 Interest Receivable 5,000 Current Maturities of Long-Term Debt 6,900 Unearned Revenue 4,320 Interest Payable 3,010 Wages Payable 6.000 Labels Current liabilities Current assets December 31, 2016 For the Year Ended December 31, 2016 Other accrued liabilities Amount Descriptions Total current assets Total current liabilities Required: Prepare the Current Liabilities section of Jackie Company's balance sheet as of December 31, 2016. Balance Sheet Prepare the Current Liabilities section of Jackie Company's balance sheet as of December 31, 2016 Balance Sheet Instructions Jackie Company Balance Sheet (Label) 1 (Label) 2 3 4 5 6 7 8 9 10

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