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Royal Suites Hotels includes the following selected accounts in its general ledger at December 31, 2024: (Click the icon to view the accounts.) Prepare the
Royal Suites Hotels includes the following selected accounts in its general ledger at December 31, 2024: (Click the icon to view the accounts.) Prepare the liabilities section of Royal Suites' balance sheet at December 31, 2024. Less: Total Liabilities Balance Sheet (Partial) December 31, 2024 Data table Data Table Note Payable (long-term) Bonds Payable (due 2028) Interest Payable (due next year) Estimated Warranty Payable $ 225,000 325,000 2,000 1,200 Accounts Payable Discount on Bonds Payable Salaries Payable Sales Tax Payable $ I 42,000 9,750 3,600 700
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