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Data table Accrued Warranty Payable $55,000 3% Notes Payable, due April 30, 2019 145,000 Unearned Service Revenue 51,000 Accounts Payable 210,000 Employee Income Tax Payable
Data table Accrued Warranty Payable $55,000 3% Notes Payable, due April 30, 2019 145,000 Unearned Service Revenue 51,000 Accounts Payable 210,000 Employee Income Tax Payable 24,000 Accounts Receivable 287,000 Interest Payable 26,000 12% Bonds Payable, due December 31, 2023 430,000 Accumulated Depreciation 84,000 Treasury Stock 178,000 Salaries Payable 90,000 9% Notes Payable, due December 31, 2019 195,000 Sales Tax Payable 61,000 FICA Tax Payable 14,000 Print Done X More info Franklin Corporation provides multi-year warranties with its products. Half of the Accrued Warranty Liability relates to warranty liabilities that will be paid in 2019, while the other half relates to warranty liabilities to be paid in 2020. The Unearned Service Revenue pertains to a service contract that will be performed during 2019. $116,000 of the 12% bonds payable due December 31, 2023, is due on December 31, 2019. Print Done At December 31, 2018, Franklin Corporation's adjusted trial balance shows the following balances (Click the icon to view the balances.) Requirement (Click the icon to view more information.) 1. Prepare the current liability section of Franklin Corporation's balance sheet at December 31, 2018. (If applicable, combine the Notes Payable on one line of the statement) Account Franklin Corporation Balance Sheet (partial), December 31, 2018 Amount Account Amount
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