Question

Exercise 10-15 Shamrock, Inc. reports the following liabilities (in thousands) on its January 31, 2017, balance sheet and notes to the financial statements. $7,006.0 2,135.0 393.0 Accounts payable $4,701.0 Mortgage payable Accrued pension liability 1,492.0 Operating leases Unearned rent revenue 1,758.0 Notes payable (due in 2020) Bonds payable 2,754.0 Salaries and wages payable Current portion of mortgage payable 2,114.0 Notes payable (due in 2018) Income taxes payable 308.0 Unused operating line of credit Warranty liability-current 634.0 2,799.0 4,092.0 1,839.0

Answer 1

Sanchez Inc
Balance sheet(Partial)
jan 31 2017
Current liabilities
Notes payable	$2,799.00
Accounts payable	4,701.00
Current portion of mortgage payable	2,114.00
Warranty liability	1,839.00
Unearned rent revenue	1,758.00
Salaries and wages payable	634.00
Income taxes payable	308.00
Total current liabilities		$14,153.00
Long-term liabilities
Mortgage payable	$7,006.00
Bonds payable	2,754.00
Accrued pension liability	1,492.00
Notes payable	393.00
Total long-term liabilities		11,645.00
Total liabilities		$25,798.00

*Unused operating line on credit and and operating leases doesnt come in balancesheet