Question: Using the following information, compute total CURRENT LIABILITIES: Hint: Unearned revenue is an obligation to deliver a service that has not yet been delivered but

Using the following information, compute total CURRENT LIABILITIES:

Hint: Unearned revenue is an obligation to deliver a service that has not yet been delivered but for which the customer has already paid.

Accrued Income Taxes Payable 9,000 Notes Payable (due in 14 months) 1,100 Paid-in Capital 1,750 Treasury Stock 400 Current Portion of Long-Term Debt 10,000 Unearned Revenue 250 Accounts Payable 700 Retained Earnings 1,000 Additional Paid-in Capital 4,000

$10,700

$19,950

$20,350

$19,700

$21,700

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