Below Is a List of Various Balance Sheet Accounts and Their

question 55

Multiple Choice

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

• A) $5800
• B) $13,300
• C) $11,000
• D) $11,800

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