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View Policies Current Attempt in Progress Flounder Corp. has the following account balances at December 31, 2021: Notes payable ($50,000 due after 12/31/22) $84,000
View Policies Current Attempt in Progress Flounder Corp. has the following account balances at December 31, 2021: Notes payable ($50,000 due after 12/31/22) $84,000 Unearned service revenue 59,000 Mortgage Payable ($76,000 due in 2022) 210,000 Salaries payable 27,000 Accounts payable 53,000 In addition, Flounder is involved in a lawsuit. Legal counsel feels it is probable Flounder will pay damages of $21,000 in 2022. Flounder records provisions related to litigations in the account Litigation Liability. Prepare the current liabilities section of Flounder's December 31, 2021, balance sheet. 9 Mostly cloudy ENG 1:31 PM 11000022
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