Question
Actividad 1: Liabilities schedule At Dec. 31, 20x4 Adler Company has the following selected accounts after posting adjusting entries: Accounts Payable $ 75,000 Notes Payable,
Actividad 1: Liabilities schedule At Dec. 31, 20x4 Adler Company has the following selected accounts after posting adjusting entries: Accounts Payable $ 75,000 Notes Payable, 3-month 90,000 Accumulated DepreciationEquipment 34,000 Notes Payable, 5-year, 8% 105,000 Payroll Taxes Expense 18,000 Allowance for Doubtful accounts 7,000 Interest Payable 29,000 Bond Payable 800,000 Unearned rent revenue 15,000 Mortgage Payable 180,000 Sales Taxes Payable 23,000
Instructions: Prepare the Balance Sheet presentation of liabilities for Adler Company's, assuming $25,000 of the mortgage is payable next year.
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