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Presented here are liability items for Kingbird Inc. at December 31, 2022. Accounts payable Notes payable (due May 1, 2023) Bonds payable (due 2026) Unearned
Presented here are liability items for Kingbird Inc. at December 31, 2022. Accounts payable Notes payable (due May 1, 2023) Bonds payable (due 2026) Unearned rent revenue Discount on bonds payable $125,600 FICA taxes payable $6,240 16,000 Interest payable 32,000 720,000 Notes payable (due 2024) 64,000 192.000 Income taxes payable 2,800 32,800 Sales taxes payable 1,360 Prepare the liabilities section of Kingbird's balance sheet. KINGBIRD INC. Balance sheet (Partial)
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