Question: please full calculation and explanation CHECK FIGURE: Total current liabilities $305,000 The Creative Electronics Company shows the following selected adjusted account balances as at December

please full calculation and explanation CHECK FIGURE: Total current liabilities $305,000

please full calculation and explanation

CHECK FIGURE: Total current liabilities $305,000 The Creative Electronics Company shows the following selected adjusted account balances as at December 31, 2017: Accounts Payable Salaries Payable.. Accumulated Depreciation, Equipment.23,000 Estimated Warranty Liability Mortgage Payable ..275,000 Notes Payable, 6 months. 21,000 $ 95,000 136,000 Required Prepare the current liability section of Creative's balance sheet. $35,000 in principal is due dur- ing 2018 regarding the mortgage payable. For simplicity, order the liabilities from largest to smallest. 70

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