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Presented here are liability items for Azarian Inc. at December 31, 2012.
Accounts payable $204,728
FICA taxes payable $ 10,171
Notes payable (due May 1, 2013) 26,080
Interest payable 52,160
Bonds payable (due 2016) 1,173,600
Notes payable (due 2014) 104,320
Unearned sales revenue 312,960
Income taxes payable 4,564
Discount on bonds payable 53,464
Sales taxes payable 2,217
Prepare the liabilities section of Azarian’s balance sheet.
Not sure how to go about this...
Accounts payable $204,728
FICA taxes payable $ 10,171
Notes payable (due May 1, 2013) 26,080
Interest payable 52,160
Bonds payable (due 2016) 1,173,600
Notes payable (due 2014) 104,320
Unearned sales revenue 312,960
Income taxes payable 4,564
Discount on bonds payable 53,464
Sales taxes payable 2,217
Prepare the liabilities section of Azarian’s balance sheet.
Not sure how to go about this...
Accounting balance sheet help?
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