ACC 291 Week 3 Assignment Help | University Of Phoenix
- University of Phoenix / ACC 291
- 09 Aug 2020
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ACC 291 Week 3 Assignment Help | University Of Phoenix
The Liabilities Section of O’Brian’s Balance Sheet
Purpose of Assignment
The purpose of this
assignment is to help you understand the balance sheet presentation for the
liabilities of a company.
Assignment Steps
Resources: Financial Accounting: Tools for Business Decision Making
Prepare the liabilities
section of O'Brian's balance sheet using the following information:
- Accounts payable $157,000
- Notes payable (due May 1,
2018) $20,000
- Bonds payable (due 2021) $900,000
- Unearned rent revenue $240,000
- Discount on bonds payable $41,000
- FICA taxes payable $7,800
- Interest payable $40,000
- Notes payable (due 2019) $80,000
- Income taxes payable $3,500
- Sales taxes payable $1,700
Show work on the
Week 3 Excel® spreadsheet.
Note: This assignment requires that you only submit an Excel® Workbook
file. There are no written or APA guideline requirements.
Click the Assignment Files
tab to submit your assignment.
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