sunland online company has these liability accounts after posting adjusting entries: accounts payable $75,000, unearned ticket revenue $24,000, warranty liability $25,500, interest payable $8,000, mortgage payable $125,000, notes payable $88,000, and sales taxes payable $19,500. assume the company's operating cycle is less than 1 year, ticket revenue will be recognized within 1 year, warranty costs are expected to be incurred within 1 year, and the notes mature in 3 years. (a) prepare the current liabilities section of the balance sheet, assuming $34,000 of the mortgage is payable next year
