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Current Liabilities Zahn Inc. sold 17,500 annual magazine subscriptions for $65 during December 20Y4. These...

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Current Liabilities Zahn Inc. sold 17,500 annual magazine subscriptions for $65 during December 20Y4. These new subscribers will receive monthly issues, beginning in January 20Y5. Zahn Inc. issued a $179,000, 180-day, 5% note payable on December 1, 20Y4. On March 31, 2045, Zahn Inc. had accounts payable of $ 24,900 and accrued wages payable of $6,300. Prepare the Current Liabilities section of the balance sheet for Zahn Inc. on March 31, 2045. Do not round intermediate calculations and round your final answers to the nearest dollar. (Assume 360 days in a year.) Zahn Inc. Current Liabilities Section of the Balance Sheet March 31, 2015 Current liabilities: Accounts payable Accrued wages payable Accrued interest payable Notes payable Advances on magazine subscriptions Total current liabilities $ Feedback Check My Work Liabilities that are expected to be paid within one year are presented in the Current Liabilities section of the balance sheet. To calculate how much liability remains on the subscriptions income received in advance, the number of annual subscriptions should be multiplied with the price and partial year remaining in unfilled subscriptions

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