Question: Preparing the Current Liabilities Section Prepare the current liabilities section of a classified balance sheet given the following account balances on December 31, 2020. Dividends

 Preparing the Current Liabilities Section Prepare the current liabilities section of

Preparing the Current Liabilities Section Prepare the current liabilities section of a classified balance sheet given the following account balances on December 31, 2020. Dividends payable $2,000 Accounts payable Bonds payable (matures December 2028) 25,000 Income taxes payable Interest payable 500 Deferred revenue (long-term) Note payable (due June 30, 2021) 10,000 $30,000 7,000 2,500 Note: Enter current liabilities in the order of the largest dollar amount to the smallest dollar amount. Current Liabilities Section As of December 31, 2020 $ $ of the question. Accounts payable Bonds payable Deferred revenue Dividends payable Income taxes payable Interest payable Note payable ve Answers

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