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Luxury, Inc, includes the following selected accounts in its general ledger at December 31, 2021 (Click the icon to view the accounts.) Prepare the liabilities
Luxury, 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 Luxury'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.) Less: Liabilities DEALAN Data table Bonds payable (excluding current portion) Equipment Current portion of bonds payable Notes payable, long-term Interest payable (due March 1, 2022) Accounts payable Discount on bonds payable (all long-term) Accounts receivable Print Done $ 350,000 122,000 50,000 150,000 1,400 43,000 10,500 30,000 - X
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