Refer to the following list of liability balances at 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 Mortgage Payable (Due 2029) Bonds Payable (Due 2030) 450 1,100 1,000 38,000 660 870 8,000 53,000 11,500 Current Portion of Long - Term Notes Payable What is the total amount of current liabilities? OA. $27,080 OB. $38,580 OC. $25,980 OD. $24,980

Refer to the following list of liability balances at 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 Mortgage Payable (Due 2029) Bonds Payable (Due 2030) 450 1,100 1,000 38,000 660 870 8,000 53,000 11,500 Current Portion of Long - Term Notes Payable What is the total amount of current liabilities? OA. $27,080 OB. $38,580 OC. $25,980 OD. $24,980

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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