Presented here are liability items for Desmond Inc at December 31, 2014 Pre pare the liabilities section of Desmonds balancesheet 7,800 40,000 80,000 3,500 1,700 Accounts payable Notes payable FICA taxes payable Interest payable Notes payable (due 2016) Income taxes payable Sales taxes payable $157...

DESMOND INC Balance Sheet Partial December 31 20 14 ...

Presented here are liability items for Desmond Inc. at December 31, 2014. Pre-pare the liabilities section of

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Presented here are liability items for Desmond Inc. at December 31, 2014. Pre-pare the liabilities section of Desmond€™s balancesheet.

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Accounting Tools for Business Decision Making

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Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Presented here are liability items for Desmond Inc. at December 31, 2014. Pre-pare the liabilities section of

Question:

7,800 40,000 80,000 3,500 1,700 Accounts payable Notes payable FICA taxes payable Interest payable Notes payable (due 2016) Income taxes payable Sales taxes payable $157,000 20,000 900,000 240,000 (due May 1, 2015) Bonds payable (due 2018) Unearned rent revenue Discount on bonds payable41,000

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