Presented here are liability items for Skysong, Inc. at December 31, 2017. Accounts payable $298,300 FICA taxes payable $14,820 Notes payable (due May 1, 2018) 38,000 Interest payable 76,000 Bonds payable (due 2021) 1,710,000 Notes payable (due 2019) 152,000 Unearned rent revenue 456,000 Income taxes payable 6,650 Discount on bonds payable 77,900 Sales taxes payable 3,230

Prepare the liabilities section of Skysong's balance sheet.

The preparation of the liabilities section of Skysong's balance sheet is shown below:

Skysong, Inc.

Partial Balance Sheet

December 31, 2017

Liabilities

Current Liabilities

Accounts payable $298,300

FICA taxes payable $14,820

Notes payable (due May 1, 2018) $38,000

Interest payable $76,000

Unearned rent revenue $456,000

Income taxes payable $6,650

Sales taxes payable $3,230

Total Current Liabilities $893,000

Non - Current Liabilities

Bonds payable (due 2021) $1,710,000

Notes payable (due 2019) $152,000

Discount on bonds payable $77,900

Total Non - Current Liabilities $1,939,900

Total liabilities $2832,900