Presented here are liability items for Larkspur Inc. at December 31, 2022. Accounts payable $ 133,450 FICA
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Presented here are liability items for Larkspur Inc. at December 31, 2022.
Accounts payable | $133,450 | FICA taxes payable | $6,630 | |||
Notes payable (due May 1, 2023) | 17,000 | Interest payable | 34,000 | |||
Bonds payable (due 2026) | 765,000 | Notes payable (due 2024) | 68,000 | |||
Unearned rent revenue | 204,000 | Income taxes payable | 2,975 | |||
Discount on bonds payable | 34,850 | Sales taxes payable | 1,445 |
Prepare the liabilities section of Larkspur's balance sheet.
LARKSPUR INC. Balance sheet (Partial) choose the accounting period | ||||||||
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select an opening name for subsection one | ||||||||
enter a balance sheet item | $enter a dollar amount | |||||||
enter a balance sheet item | enter a dollar amount | |||||||
enter a balance sheet item | enter a dollar amount | |||||||
enter a balance sheet item | enter a dollar amount | |||||||
enter a balance sheet item | enter a dollar amount | |||||||
enter a balance sheet item | enter a dollar amount | |||||||
enter a balance sheet item | enter a dollar amount | |||||||
select a closing name for subsection one | $enter a total amount for this subsection | |||||||
select an opening name for subsection two | ||||||||
enter a balance sheet item | $enter a dollar amount | |||||||
select between addition and deduction: enter a balance sheet item | enter a dollar amount | enter a subtotal of the two previous amounts | ||||||
enter a balance sheet item | enter a dollar amount | |||||||
select a closing name for subsection two | enter a total amount for this subsection | |||||||
select a closing section name | $enter a total amount for this section |
Related Book For
Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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