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Luxe, Inc., includes the following selected accounts in its general ledger at December 31, 2021: (Click the icon to view the accounts.) Prepare the liabilities
Luxe, Inc., includes the following selected accounts in its general ledger at December 31, 2021: (Click the icon to view the accounts.) Prepare the liabilities section of Luxe's, balance sheet at December 31, 2021, to show how the company would report these items. Report total current liabilities and total long-term liabilities. (If an input field is not used in the table leave the field empty; do not select a label or enter a zero.) Current liabilities: Liabilities Accounts payable Current portion of bonds payable Interest payable Total current liabilities Bonds payable Less: Discount on bonds payable Notes payable, long-term Total liabilities Data table Bonds payable (excluding current portion) Equipment $ 250,000 114,000 Current portion of bonds payable 56,000 Notes payable, long-term 150,000 Interest payable (due March 1, 2022) 1,900 Accounts payable 41,000 Discount on bonds payable (all long-term) 7,500 Accounts receivable 29,000 Print Done Submit test
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