Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 2 Days Ago
Questions Answered: 66690
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 24 Sep 2017 My Price 4.00

Blue Socks

Preparing the liabilities section of the balance sheet

Blue Socks’ account balances at June 30, 2014, include the following:

Data Table

Cash

$ 138,000

Salary payable

$ 6,500

Long-term notes payable

117,000

Building, net of depreciation

780,000

Accounts payable

13,200

Interest payable (due next year)

2,400

Current portion of long-term notes payable

8,000

FICA taxes payable

1,900

Blue, capital

500,000

Accounts receivable

145,000

Premium on bonds payable

12,000

Bonds payable (Maturity date 12/31/2020)

400,000

Sales taxes payable

4,000

Blue, drawing

2,000

Requirement

1. Prepare the liabilities section of Blue Socks’ balance sheet at June 30, 2014.

Answers

Maurice Tutor
(5)
Status NEW Posted 24 Sep 2017 11:09 PM My Price 4.00

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