Question: Please i need the formulas too. Chapter 10 Liabilities 1. Liabilities schedule At Dec. 31, 20x1 Brewer Company has the following selected accounts after posting

 Please i need the formulas too. Chapter 10 Liabilities 1. Liabilities

Please i need the formulas too.

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

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