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Instructions Jackie Company had the following accounts and balances on December 31, 2016: Income Taxes Payable $62,000 Notes Payable, 10%, due June 2, 2017 $
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Jackie Company had the following accounts and balances on December 31, 2016:
Income Taxes Payable | $62,000 | Notes Payable, 10%, due June 2, 2017 | $ 1,000 |
Allowance for Doubtful Accounts | 18,500 | Accounts Receivable | 70,000 |
Accounts Payable | 25,800 | Discount on Notes Payable | 150 |
Interest Receivable | 4,900 | Current Maturities of Long-Term Debt | 6,900 |
Unearned Revenue | 4,320 | Interest Payable | 3,110 |
Wages Payable | 6,600 |
Required: | |
Prepare the Current Liabilities section of Jackie Companys balance sheet as of December 31, 2016. |
what is the total current liabilities?
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