Question: I need assistance with this general accounting question using appropriate principles. Blue Star Publishing sold 18,000 annual subscriptions to Tech World for $65 each in

I need assistance with this general accounting question using appropriate principles.

Blue Star Publishing sold 18,000 annual subscriptions to \"Tech World\" for $65 each in November 2022. These new subscribers will start receiving monthly issues, beginning in January 2023. In addition, the business reported a taxable income of $600,000 during the first calendar quarter of 2023. The federal tax rate is 35%. Quarterly tax payments will be made on April 15, 2023. Prepare the Current Liabilities section of the balance sheet for Blue Star Publishing on March 31, 2023

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