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Current Labllities Zahn Inc. sold 16,000 annual magazine subsalptions for $15 during December 20Y4. These new subscribers will recelve monthly Issues, beginning In January 20Y5.
Current Labllities Zahn Inc. sold 16,000 annual magazine subsalptions for $15 during December 20Y4. These new subscribers will recelve monthly Issues, beginning In January 20Y5. Zahn Inc. Issued a $48,000,180-day, 5% note payable on December 1,20Y4. On March 31,20Y5, Zahn Inc. had accounts payable of $21,500 and accrued wages payable of $6,100 Prepare the Current Labilities section of the balance sheet for Zahn Inc. on March 31,20Y5. (Assume 360 days In a year.)
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