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Below Is a List of Various Balance Sheet Accounts and Their

Question 68

Multiple Choice

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?


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

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