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Selected accounts from WooHoo Company's adjusted trial balance for the year ended December 31 follow. Notes payable (due in 5 years) Accounts payable Bonds
Selected accounts from WooHoo Company's adjusted trial balance for the year ended December 31 follow. Notes payable (due in 5 years) Accounts payable Bonds payable (due in 10 years) Machinery Discount on bonds payable $ 3.000 500 Wages payable 10,000 4,500 Interest payable (due in 2 weeks) Sales tax payable. $ 400 200 100 50 Prepare the liabilities section of its classified balance sheet. (Amounts to be deducted should be indicated with a minus sign.) Prepare the liabilities section of its classified balance sheet. (Amounts to be deducted should be indicated with a minus sign.) WOOHOO COMPANY Liabilities Section of Balance Sheet December 31 Liabilities Current liabilities Total current liabilities Long-term liabilities Total long-term liabilities Total liabilities
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