Refer to the following list of liability balances of December 31, 2022, for Arizona Tech Solutions. Liability Amount Accounts payable $18,500 Employee health insurance payable $720 Employee income tax payable $950 Estimated warranty payable $1,800 Long-term notes payable (Due 2025) $38,000 FICA-OASDI taxes payable $1,240 Sales tax payable $600 Mortgage payable (Due 2026) $15,000 Bonds payable (Due 2027) $58,000 Current portion of long-term notes payable $13,000 What is the total amount of current liabilities? A. $22,810 B. $36,810 C. $23,110 D. $24,810

Refer to the following list of liability balances of December 31, 2022, for Arizona Tech Solutions. Liability Amount Accounts payable $18,500 Employee health insurance payable $720 Employee income tax payable $950 Estimated warranty payable $1,800 Long-term notes payable (Due 2025) $38,000 FICA-OASDI taxes payable $1,240 Sales tax payable $600 Mortgage payable (Due 2026) $15,000 Bonds payable (Due 2027) $58,000 Current portion of long-term notes payable $13,000 What is the total amount of current liabilities? A. $22,810 B. $36,810 C. $23,110 D. $24,810

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter12: Current Liabilities

Section: Chapter Questions

Problem 2EA: Consider the following accounts and determine if the account is a current liability, a noncurrent...

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Refer to the following list of liability balances t December 31, 2024. $23,000 Accounts Payable Employee Health Insurance Payable Employee Income Tax Payable Estimated Warranty Payable (Due 2025) Long - Term Notes Payable (Due 2028) FICA-OASDI Taxes Payable Sales Tax Payable 450 1,100 1,000 38.000 660 870 Mortgage Payable (Due 2029) Bonds Payable (Due 2030) Current Portion of Long - Term Notes Payable 8,000 53,000 11,500 What is the total amount of current liabilities? O A. $27,080 O B. $38,580 OC. $25,980 OD. $24,980
What is the total amount of current liabilities?? General accounting
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Refer to the following list of liability balances at December 31, 2018: Accounts Payable $ 13,000.00 Employee Health Insurance Payable $ 450.00 Employee Income Tax Payable $ 400.00 Estimated Warranty Payable $ 600.00 Long-Term Notes Payable (Due 2020) $ 33,000.00 FICA-OASDI Taxes Payable $ 560.00 Sales Tax Payable $ 370.00 Mortgage Payable (Due 2030) $ 6,000.00 Bonds Payable (Due 2021) $ 53,000.00 Current Portion of Long-term Debt $ 3,500.00 What is the total amount of current liabilities? A $ 14,980.00 B $ 14,380.00 C $ 15,380.00 D $ 18,880.00
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