Provide an analysis of liabilities

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Reference no: EM131422842

The assignment states the following:

The Liabilities Section of O'Brian's balance sheet must be 525 words.

O'BRIAN INC.
Balance Sheet (Partial)
December 31, 2017
Liabilities    
Current Liabilities:          
Accounts Payable       157,000  
Sales Taxes Payable     1,700  
Unearned Rent Revenue     240,000  
Income Taxes Payable     3,500  
FICA Taxes Payable     7,800  
Total Current Liabilities       410,000
             
Long Term Liabilities:        
Notes Payable       20,000  
Interest Payable       80,000  
Bonds Payable       900,000  
Less: Discount on Bonds Payable   -41,000  
Total Long Term Liabilities       959,000
             
Total Liabilities         1,369,000

What this was intended to say was that you should provide an analysis of liabilities, and that analysis / discussion should be at a minimum of 525 words. I only need the 525 words.

Attachment:- Liabilities.xlsx

Reference no: EM131422842

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len1422842

3/10/2017 7:54:51 AM

The assignment states the following: The Liabilities Section of O'Brian's balance sheet must be 525 words. What this was intended to say was that you should provide an analysis of liabilities, and that analysis / discussion should be at a minimum of 525 words. I only need the 525 words.

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