Presented here are liability items for Azarian Inc. at December 31, 2012. Prepare the liabilities section of Azarian”s balance sheet.
| Accounts payable Don't use plagiarized sources. Get Your Custom Essay on presented here are liability items for azarian inc at december 31 2012 534667 For $10/Page 0nly | $157,000 | FICA taxes payable | $ 7,800 |
| Notes payable | 20,000 | ||
| (due May 1, 2013) | Interest payable | 40,000 | |
| Bonds payable (due 2016) | 900,000 | Notes payable (due 2014) | 80,000 |
| Unearned | |||
| sales revenue | 240,000 | Income taxes payable | 3,500 |
| Discount on bonds payable | 41,000 | Sales taxes payable | 1,700 |
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