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Yu Corp. had the following accounts and balances on December 31, 2017: Income Taxes Payable $50,650 Notes Payable, 10%, due June 2, 2018 $ 1,000
Yu Corp. had the following accounts and balances on December 31, 2017: Income Taxes Payable $50,650 Notes Payable, 10%, due June 2, 2018 $ 1,000 Allowance for Doubtful Accounts 17,800 Accounts Receivable 67,500 Accounts Payable 26,000 Discount on Notes Payable 150 Interest Receivable Unearned Revenue 5,000 4,320 Current Maturities of Long-Term Debt Interest Payable 6,900 3,010 6,000 Wages Payable Required: Prepare the Current Liabilities section of Yu Corp.'s balance sheet as of December 31, 2017. Yu Corp. Partial Balance Sheet As of December 31, 2017 Current liabilities: Other accrued liabilities: Total current liabilities $
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