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Waterway Online Company has these liability accounts after posting adjusting entries: Accounts Payable $68,000, Unearned Ticket Revenue $34,000, Warranty Liability $24,000, Interest Payable $9.900, Mortgage

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Waterway Online Company has these liability accounts after posting adjusting entries: Accounts Payable $68,000, Unearned Ticket Revenue $34,000, Warranty Liability $24,000, Interest Payable $9.900, Mortgage Payable $129.500, Notes Payable $85,000, and Sales Taxes Payable $19,000. Assume the company's operating cycle is less than 1 year ticket revenue will be recognized within 1 year, warranty costs are expected to be incurred within 1 year, and the notes mature in 3 years. (a) Prepare the current liabilities section of the balance sheet, assuming $35,000 of the mortgage is payable next year. WATERWAY ONLINE COMPANY Partial Balance Sheet WATERWAY ONLINE COMPANY Partial Balance Sheet $ . $

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