Study Tools Current Liabilities By the Month Inc. sold 16,000 annual magazine subscriptions for $60 during December 2014. These new subscribers will receive monthly issues, beginning in January 2015. By the Month Inc. issued a $169,120, 180-day, 5% note payable on December 1, 2014. On March 31, 2015, By the Month Inc. had accounts payable of $27,300 and accrued wages payable of $6,700. Prepare the Current Liabilities section of the balance sheet for By the Month Inc. on March 31, 20Y5. Do not round intermediate calculations and round your final answers to the nearest dollar. (Assume 360 days in a year.) By the Month Inc. Current Liabilities Section of the Balance Sheet Current liabilities: March 31, 20Y5 Accounts payable 3 27,300 Accrued wages payable 6,700 Accrued interest payable 4.228 Notes payable - 169.120 Advances on magazine subscriptions 720.000 Total current liabilities $927.348 ter Terms of Use | Copyright Notices 99 #L D X X