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Below Is a List of Various Balance Sheet Accounts and Their

question 76

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Below is a list of various balance sheet accounts and their balances.  Loan payable - short term $1500 Salaries payable 5000 Loan payable-long term 25,000 Accounts payable 3500 Unearned revenue 1000 Interest payable 2300\begin{array}{|l|l|}\hline\text { Loan payable - short term } & \$ 1500 \\\hline \text { Salaries payable } & 5000 \\\hline \text { Loan payable-long term } & 25,000 \\\hline \text { Accounts payable } & 3500 \\\hline \text { Unearned revenue } & 1000 \\\hline \text { Interest payable } & 2300\\\hline\end{array} What are the total current liabilities shown on the balance sheet?

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Definitions:

EDGAR

The Electronic Data Gathering, Analysis, and Retrieval system used by the U.S. Securities and Exchange Commission (SEC) for the submission of documents.

SEC

The Securities and Exchange Commission (SEC) is a U.S. government agency responsible for regulating the securities markets and protecting investors.

Electronic Filing System

A system for submitting documents electronically rather than on paper, typically used for tax returns, legal documents, and other reports.

Federal Securities Laws

Laws in the United States that regulate the offer and sale of securities to protect investors against fraud.

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