Jack Hammer Company completed the following transactions. The annual accounting period ends December 31.

Apr.		30		Received $465,000 from Commerce Bank after signing a 12-month, 7 percent, promissory note.
June		6		Purchased merchandise on account at a cost of $66,000. (Assume a perpetual inventory system.)
July		15		Paid for the June 6 purchase.
Aug.		31		Signed a contract to provide security service to a small apartment complex starting in September, and collected six months fees in advance amounting to $18,600.
Dec.		31		Determined salary and wages of $31,000 were earned but not yet paid as of December 31 (ignore payroll taxes).
Dec.		31		Adjusted the accounts at year-end, relating to interest.
Dec.		31		Adjusted the accounts at year-end, relating to security service.

Required:

3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31.