Sunland Industries, Inc. reports the following liabilities (in thousands) on its January 31, 2025 balance sheet and notes to the financial statements Accounts payable Accrued pension liability-long-term Property taxes payable Bonds payable Current portion of long-term debt Income taxes payable Notes payable-long-term (4 $3,200.00 1,600.00 1,200.00 2,400.00 1,900.00 250 9,800.00
Sunland Industries, Inc. reports the following liabilities (in thousands) on its January 31, 2025 balance sheet and notes to the financial statements Accounts payable Accrued pension liability-long-term Property taxes payable Bonds payable Current portion of long-term debt Income taxes payable Notes payable-long-term (4 $3,200.00 1,600.00 1,200.00 2,400.00 1,900.00 250 9,800.00
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:A
B
C
F
Sunland Industries, Inc. reports the following liabilities (in thousands) on its January 31, 2025 balance sheet
and notes to the financial statements
Accounts payable
Accrued pension liability-long-term
Property taxes payable
Bonds payable
Current portion of long-term debt
Income taxes payable
Notes payable-long-term
2 Mortgage payable
B Federal income taxes payable
Salaries and wages payable
5 Unused operating line of credit
5 Warranty liability-current
7
2345
$3,200.00
1,600.00
1,200.00
2,400.00
1,900.00
250
9,800.00
250
750
2,900.00
3,950.00
2,100.00
Prepare the liabilities section of Sunland's balance sheet at January 31, 2025. (Round answers in
8 thousands to 1 decimal place, e.g. 52.7.)
9
0
21
Sundland Industries, Inc
(Partial) Balance Sheet
G
H
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