Decision Point: The Balance Sheet: Liabilities You explain to Alex that the second part of the balance sheet lists his liabilities -- amounts that the restaurant owes to other parties. After some digging Alex puts together a list of what he owes Alex's Ristorante Balance Sheet Liability Amount 514.344 58.200 Accounts payable Sales and liquor tax payable Mortgage on building Payroll taxes payable Note payable (due in November) 555,300 515,600 527,500 You look over the list and tell Alex, "Now we're going to separate these liabilities into two categories -- current liabilities, which need to be paid within a year, and long-term liabilities." Drag each of the abilities listed into the correct category in the liabilities section of Alex's Ristorante's balance sheet. Alex's Ristorante Balance Sheet Current Liabilities Long-Term Liabilities Total current liabilities Total long-term Total liabilities s Payroll taxes payable Note payable Sales and liquor tax payable Mortgage on building