Current Attempt in Progress Presented here are liability items for O'Brian Inc. at December 31, 2022. Accounts payable Notes payable (due May 1, 2023) Bonds payable (due 2026) Unearned rent revenue Discount on bonds payable $157,000 20,000 900,000 240,000 41,000 FICA taxes payable Interest payable Notes payable (due 2024) Income taxes payable Sales taxes payable Prepare the liabilities section of O'Brian's balance sheet. $7,800 40,000 80,000 3,500 1,700 O'BRIAN INC. Balance Sheet (Partial) SA

Current Attempt in Progress Presented here are liability items for O'Brian Inc. at December 31, 2022. Accounts payable Notes payable (due May 1, 2023) Bonds payable (due 2026) Unearned rent revenue Discount on bonds payable $157,000 20,000 900,000 240,000 41,000 FICA taxes payable Interest payable Notes payable (due 2024) Income taxes payable Sales taxes payable Prepare the liabilities section of O'Brian's balance sheet. $7,800 40,000 80,000 3,500 1,700 O'BRIAN INC. Balance Sheet (Partial) SA

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter9: Current Liabilities And Contingent Obligations

Section: Chapter Questions

Problem 1C

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