Using the following information, answer the following question.

Section A

Revenues:

$$35,000$

Cost of Sales:

$$40,000$

All other Expenses: $ $66,000$

$6,000$

$$20,000$

Section B

Current Assets:

Long$-$term Assets, net: $$45,000$

Current Liabilities:

$$4,000$

Long$-$term Liabilities: $

Common Stock:

If this company's Accrued Payroll Expenses have a positive balance amount, where can

you find it $-$ which section & which account group?

Section B: Current Assets

Section A: All Other Expenses

Section B: Long$-$term Assets

Section B: Current Liabilities

Section B: Long$-$term Liability