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At December 31,2021 , Hobbit Corporation's adjusted trial balance shows the following balances: IIH (Click the icon to view the balances.) (1) (Click the icon

At December 31,2021 , Hobbit Corporation's adjusted trial balance shows the following balances: IIH (Click the icon to view the balances.) (1) (Click the icon to view more information.) Requirement 1. Prepare the current liability section of Hobbit Corporation's balance sheet at December 31, 2021. (If applicable, combine the Notes Payable on one line of the statement)

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