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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 $ 4,200 1,100 11,200 5,700 Discount on bonds payable Wages payable Interest payable (due in 2 week Sales tax payable Prepare the liabilities section of its classified balance sheet. Note: 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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