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Ivanhoe Sales Company has the following selected accounts after posting adjusting entries: Accounts Payable $73,000 Notes Payable, 3-month 61,000 Accumulated DepreciationEquipment 14,900 Notes Payable, 5-year,

Ivanhoe Sales Company has the following selected accounts after posting adjusting entries:

Accounts Payable $73,000
Notes Payable, 3-month 61,000
Accumulated DepreciationEquipment 14,900
Notes Payable, 5-year, 6% 83,000
Payroll Tax Expense 4,800
Interest Payable 3,700
Mortgage Payable 120,000
Sales Taxes Payable 44,900

Prepare the current liability section of Ivanhoe Sales Company's balance sheet, assuming $15,400 of the mortgage is payable next year. (For Notes Payable enter the account name only and do not provide any additional descriptive information.)

IVANHOE SALES COMPANY
select an opening section name

Current AssetsCurrent LiabilitiesExpensesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesNet Income / (Loss)Property, Plant and EquipmentRevenuesStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity

enter a balance sheet item

$enter a dollar amount

enter a balance sheet item

enter a dollar amount

enter a balance sheet item

enter a dollar amount

enter a balance sheet item

enter a dollar amount

enter a balance sheet item

enter a dollar amount

select a closing section name

Current Assets Current Liabilities Expenses Intangible Assets Long-term Investments Long-term Liabilities Net Income / (Loss) Property, Plant and Equipment Revenues Stockholders' Equity Total Assets Total Current Assets Total Current Liabilities Total Expenses Total Intangible Assets Total Liabilities Total Liabilities and Stockholders' Equity Total Long-term Investments Total Long-term Liabilities Total Property, Plant and Equipment Total Revenues Total Stockholders' Equity

$enter a total amount for this section

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