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Now prepare the liabilities section of the balance sheet for Wholesale Pharmacies on March 1, 2025. (If a box is not used in the table
Now prepare the liabilities section of the balance sheet for Wholesale Pharmacies on March 1, 2025. (If a box is not used in the table leave the box empty; do not select a label or enter a zero.) Review the amortization schedule you prepared above. Wholesale Pharmacies Balance Sheet (Partial) March 1, 2025 Liabilities Current Liabilities: Current Portion of Mortgage Payable Current Portion of Notes Payable Total Current Liabilities Long-term Liabilities: Mortgage Payable Notes Payable Total Long-term Liabilities Total Liabilities Beginning Principal Interest Total Ending Balance Payment Expense Payment Balance 12/01/2024 200,000 1/01/2025 $ 200,000 $ 6,500 $ 500 $ 7,000 193,500 2/01/2025 193,500 6,516 484 7,000 186,984 3/01/2025 186,984 6,533 467 7,000 180,451 4/01/2025 180,451 6,549 451 7,000 173,902 5/01/2025 173,902 6,565 435 7,000 167,337 6/01/2025 167,337 6,582 418 7,000 160,755 7/01/2025 160,755 6,598 402 7,000 154,157 8/01/2025 154,157 6,615 385 7,000 147,542 9/01/2025 147,542 6,631 369 7,000 140,911 10/01/2025 140,911 6,648 352 7,000 134,263 11/01/2025 134,263 6,664 336 7,000 127,599 12/01/2025 127,599 6,681 319 7,000 120,918 1/01/2026 120,918 6,698 302 7,000 114,220 2/01/2026 114,220 6,714 286 7,000 107,506 3/01/2026 107,506 6,731 269 7,000 100,775
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