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I attached my assignments. I am having trouble understanding. Can you help me Name Section Date Chapter 10 Brief Exercise BE10-13 O'BRIAN INC. Balance Sheet
I attached my assignments. I am having trouble understanding. Can you help me
Name Section Date Chapter 10 Brief Exercise BE10-13 O'BRIAN INC. Balance Sheet (Partial) December 31, 2017 548 apter 10 Brief Exercise 548 The Liabilities Section of O'Brian's Balance Sheet Purpose of Assignment The purpose of this assignment is to help you understand the balance sheet presentation for the liabilities of a company. Assignment Steps Resources: Financial Accounting: Tools for Business Decision Making Prepare the liabilities section of O'Brian's balance sheet using the following information: Accounts payable $157,000 Notes payable (due May 1, 2018) $20,000 Bonds payable (due 2021) $900,000 Unearned rent revenue $240,000 Discount on bonds payable $41,000 FICA taxes payable $7,800 Interest payable $40,000 Notes payable (due 2019) $80,000 Income taxes payable $3,500 Sales taxes payable $1,700 Show work on the Week 3 Excel spreadsheetStep by Step Solution
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