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Selected accounts from WooHoo Co.'s adjusted trial balance for the year ended December 31 follow. Notes payable (due in 5 years) Accounts payable Bonds payable
Selected accounts from WooHoo Co.'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 $ 3,200 600 10,200 4,700 Discount on bonds payable Wages payable Interest payable (due in 2 weeks) Sales tax payable $ 500 250 125 75 Prepare the liabilities section of its classified balance sheet. (Negative amount(s) should be indicated by a minus sign.) WOOHOO CO. 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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