NEED HELP DOING THIS ENTRY AND NEED STEP BY STEP EXPLANATION

Chapter 10 Liabilities 1. Liabilities schedule At Dec. 31, 20x1 Brewer Company has the following selected accounts after posting adjusting entries: Accounts Payable $ 55,000 Notes Payable, 3- month 90,000 Accumulated Depreciation-Equipment 14,000 Notes Payable, 5-year, 8% 75,000 Payroll Taxes Expense 6,000 Interest Payable 5,000 Mortgage Payable 180,000 Sales Taxes Payable 23,000 Instructions Prepare the current liability section of Brewer Company's balance sheet, assuming $12,000 of the mortgage is payable next year