Howell Company has the following selected accounts after posting adjusting entries: Accounts Payable $55,000 Notes Payable,...

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Howell Company has the following selected accounts after posting adjusting entries: Accounts Payable $55,000 Notes Payable, 3-month 70,000 Accumulated Depreciation-Equipment 14,000 FICA Taxes Payable 27,000 Notes Payable, 5-year, 8% 30,000 Warranty Liability 34,000 Payroll Taxes Expense 6,000 Interest Payable 3,000 Mortgage Payable 200,000 Sales Taxes Payable 16,000 Prepare the current liability section of Howell Company's balance sheet, assuming $25,000 of the mortgage is payable next year. (For Notes Payable enter the account name only and do not provide any additional descriptive information eg. due 2015,5 Months.) HOWELL COMPANY HOWELL COMPANY +A SA Howell Company has the following selected accounts after posting adjusting entries: Accounts Payable $55,000 Notes Payable, 3-month 70,000 Accumulated Depreciation-Equipment 14,000 FICA Taxes Payable 27,000 Notes Payable, 5-year, 8% 30,000 Warranty Liability 34,000 Payroll Taxes Expense 6,000 Interest Payable 3,000 Mortgage Payable 200,000 Sales Taxes Payable 16,000 Prepare the current liability section of Howell Company's balance sheet, assuming $25,000 of the mortgage is payable next year. (For Notes Payable enter the account name only and do not provide any additional descriptive information eg. due 2015,5 Months.) HOWELL COMPANY HOWELL COMPANY +A SA

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