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Crane Sales Company has the following selected accounts after posting adjusting entries: Accounts Payable $67,000 Notes Payable, 3-month 52,000 Accumulated Depreciation-Equipment 12.400 Notes Payable,
Crane Sales Company has the following selected accounts after posting adjusting entries: Accounts Payable $67,000 Notes Payable, 3-month 52,000 Accumulated Depreciation-Equipment 12.400 Notes Payable, 5-year, 6% 82,000 Payroll Tax Expense 4,200 Interest Payable 3,200 Mortgage Payable. 122,000 Sales Taxes Payable 40,000 Prepare the current liability section of Crane Sales Company's balance sheet, assuming $13,400 of the mortgage is payable next year. (For Notes Payable enter the account name only and do not provide any additional descriptive information.) CRANE SALES COMPANY
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