Question
Wildhorse Inc. reports the following current and non-current liabilities: accounts payable $20,300; salaries payable $3,900; interest payable $5,600; deferred revenue $900; income tax payable
Wildhorse Inc. reports the following current and non-current liabilities: accounts payable $20,300; salaries payable $3,900; interest payable $5,600; deferred revenue $900; income tax payable $6,300; mortgage payable (due within the year) $5,000; mortgage payable (due in more than one year) $50,000. Prepare the current liabilities section of the statement of financial position.
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine, Christopher D. Burnley
8th Canadian Edition
111959457X, 978-1119594574
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