Presented here are liability items for O 'Brian Inc at December 31, 2020 Prepare the liabilities section of O 'Brian 's balance sheet Accounts payable Notes payable (due May 1, 2020) Bonds payable (due 2024) Unearned rent revenue Discount on bonds payable $157,000 FICA taxes payable 20,000 Interest...

OBRIAN INC Balance Sheet Partial December 31 2020 Current liabili ...

Presented here are liability items for O'Brian Inc. at December 31, 2020. Prepare the liabilities section of

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Presented here are liability items for O'Brian Inc. at December 31, 2020. Prepare the liabilities section of O'Brian's balance sheet.?

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Financial and Managerial Accounting

ISBN: 978-1119392132

3rd edition

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

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Question Posted: Feb 13, 2020 12:20 PM

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Presented here are liability items for O'Brian Inc. at December 31, 2020. Prepare the liabilities section of

Question:

Accounts payable Notes payable (due May 1, 2020) Bonds payable (due 2024) Unearned rent revenue Discount on bonds payable $157,000 FICA taxes payable 20,000 Interest payable Notes payable (due 2022) 80,000 900,000 Income taxes payable 240,000 Sales taxes payable 41,000 $ 7,800 40,000 3,500 1,700

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