In: Accounting
Janson Corporation Co.'s trial balance included the following
account balances at December 31, 2018:
Accounts payable | $25,600 |
Bond payable, due 2027 | 24,200 |
Salaries payable | 17,700 |
Note payable, due 2019 | 20,100 |
Note payable, due 2023 | 41,300 |
What amount should be included in the current liabilities section
of Janson's December 31, 2018, balance sheet?
Janson Corporation Co.'s trial balance included the following
account balances at December 31, 2018:
Accounts payable | $25,600 |
Bond payable, due 2027 | 24,200 |
Salaries payable | 17,700 |
Note payable, due 2019 | 20,100 |
Note payable, due 2023 | 41,300 |
What amount should be included in the current liabilities section
of Janson's December 31, 2018, balance sheet?Janson Corporation
Co.'s trial balance included the following account balances at
December 31, 2018:
Accounts payable | $25,600 |
Bond payable, due 2027 | 24,200 |
Salaries payable | 17,700 |
Note payable, due 2019 | 20,100 |
Note payable, due 2023 | 41,300 |
What amount should be included in the current liabilities section
of Janson's December 31, 2018, balance sheet?Janson Corporation
Co.'s trial balance included the following account balances at
December 31, 2018:
Accounts payable | $25,600 |
Bond payable, due 2027 | 24,200 |
Salaries payable | 17,700 |
Note payable, due 2019 | 20,100 |
Note payable, due 2023 | 41,300 |
What amount should be included in the current liabilities section
of Janson's December 31, 2018, balance sheet?Janson Corporation
Co.'s trial balance included the following account balances at
December 31, 2018:
Accounts payable | $25,600 |
Bond payable, due 2027 | 24,200 |
Salaries payable | 17,700 |
Note payable, due 2019 | 20,100 |
Note payable, due 2023 | 41,300 |
What amount should be included in the current liabilities section
of Janson's December 31, 2018, balance sheet?Janson Corporation
Co.'s trial balance included the following account balances at
December 31, 2018:
Accounts payable | $25,600 |
Bond payable, due 2027 | 24,200 |
Salaries payable | 17,700 |
Note payable, due 2019 | 20,100 |
Note payable, due 2023 | 41,300 |
What amount should be included in the current liabilities section
of Janson's December 31, 2018, balance sheet?
--Current Liabilities are those liabilities that are to be paid off in near future and in very short period.
--Based on above, the current liabilities section of Jason Corporation will include:
#1 Accounts payable of $ 25,600
#2 Salaries payable of $ 17,700, and
#3 Notes Payable of $ 20,100 (as they are due in next year )
Current liabilities section of Janson's December 31, 2018, balance sheet:
Accounts Payable |
$ 25,600.00 |
Salaries Payable |
$ 17,700.00 |
Notes Payable (due in 2019) |
$ 20,100.00 |
Total Current Liabilities |
$ 63,400.00 |