Given the following amounts, what amount would Hoosier Inc….
Given the following amounts, what amount would Hoosier Inc. report as current liabilities at the end of the year? – Accounts Payable $10,000 – Deferred Revenue $40,000 (to be satisfied within one year) – Bonds Payable $50,000 ($5,000 is due next year, the remainder is due in 4 years) – Prepaid Utilities $14,000 – Sales Tax Payable $3,000 – Notes Payable $15,000 (due in four years)