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i need help with writing 525 word Assignment Steps Resources: Financial Accounting: Tools for Business Decision Making Prepare the liabilities section of O'Brian's balance sheet

i need help with writing 525 word

Assignment Steps

Resources:Financial Accounting: Tools for Business Decision Making

Preparethe 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 (due 2019) $80,000
  • Income taxes payable $3,500
  • Sales taxes payable $1,700

The Liabilities Section of O'Brian's balance sheet must be 525 words.

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