Brief Exercise 10-13

Presented here are liability items for Splish Brothers Inc. at December 31, 2017.

Accounts payable		$306,150		FICA taxes payable		$15,210
Notes payable (due May 1, 2018)		39,000		Interest payable		78,000
Bonds payable (due 2021)		1,755,000		Notes payable (due 2019)		156,000
Unearned rent revenue		468,000		Income taxes payable		6,825
Discount on bonds payable		79,950		Sales taxes payable		3,315

Prepare the liabilities section of Splish Brothers's balance sheet.