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Question 2 [20 points] Vision Consulting Inc. showed the following selected account balances at June 30, 2014. Use this information to prepare the liabilities section
Question 2 [20 points] Vision Consulting Inc. showed the following selected account balances at June 30, 2014. Use this information to prepare the liabilities section of the Vision Consulting Inc. balance sheet. $27,000 in principal on the mortgage payable is due by June 30, 2015. $24,000 of the note payable that matures in 2019 must be paid by June 30, 2015. (select one) Liabilities Section of Balance Sheet (select one) Account Accounts Payable CPP Expense CPP Payable Cash Consulting Revenue Earned. Employee Income Taxes Payable. Interest Expense Notes Payable (due October 1, 2019). Mortgage Payable Property Taxes Expense Property Taxes Payable Rent Expense Rent Payable Balance 27,500 17,500 13,500 307,500 79,000 50,000 18,500 49,500 149,000 45,500 44,500 67,000 43,000 Official Time: 19:23:26 SUBMIT AND MARK SAVE AND CLOSE
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