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At December 31, MediSharp Precision Instruments owes $50,000 on Accounts Payable Salarios Payable of $13,000, and Income Tax Payable of $6,000. MediSharp also has $200,000
At December 31, MediSharp Precision Instruments owes $50,000 on Accounts Payable Salarios Payable of $13,000, and Income Tax Payable of $6,000. MediSharp also has $200,000 of Bonds Payable that were sued at face value that require payment of a $25.000 installment next year and the remainder in later years. The bonds payable require an annual forest payment of $5,000, and Medis powes this were for the current year. Report MediSharp's liabilities on its classified lance sheet on December 31, 2018 Balance sheet Parta
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