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View Policies Show Attempt History Current Attempt in Progress Metlock, Inc reports the following liabilities (in thousands) on its December 31, 2022, balance sheet and

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View Policies Show Attempt History Current Attempt in Progress Metlock, Inc reports the following liabilities (in thousands) on its December 31, 2022, balance sheet and notes to the financial statements $4.586 $7.504 Accounts payable Unearned rent revenue Mortgage payable Notes payable Idue in 2025) 1,681 346 Bonds payable 2,662 Salaries and wages payable 565 Current portion of mortgage payable 2.319 Notes payable Idue in 2023) 3.258 Income taxes payable 325 Warranty liability-current 1,869 (a) Your answer is correct Identify which of the above liabilities are likely current and which are likely long-term List any items that do not fit in either category. Identify the reasoning for your selection Account Classification Reason Due within one year Accounts payable Current ability Unearned rent revenue Current liability Earned within one year Bonds payable Long-term liability Not doe within one year Current portion of mortgage payable Current liability Due within one year Income taxes payable Current liability Due within one year Mortgage payable Long-term liability Not due within one year Notes payable (due in 2025) Long term liability Not due within one year Salaries and wages payable Current ability Due within one ye Notes payable (due in 2023) Current liability Due within one ye Current liability Due wit one year Warranty liability-current Textbook and Media (b) b Prepare the liabilities section of Metlock's balance sheet as at December 31, 2022 METLOCK, INC Balance Sheet (Partial For the Monthly 2002 (la thousands) Current Liabilities Accounts Payable Unearned Rent Revenue Salaries and Wages Payable Mortgage Payable Notes Payable 1 Total Current Liabilities Long-term Liabilities Bonds Payable Notes Payable Mortgage Payable Total Long-term Labilities $ Total Liabilities e Textbook and Media List of Accounts Attempts: 0 of 10 used Submit Answer Save for Later Last saved 14 hours ago Saved work will be auto-submitted on the due date. Auto submission can take up to 10 minutes

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