View Policies Current Attempt in Progress Monty Corp. has the following account balances at December 31, 2021: Notes payable ($55,000 due after 12/31/22) $92,000 Unearned service revenue 64,000 Mortgage Payable ($83,000 due in 2022) 230,000 Salaries payable 29,000 Accounts payable 58,000 In addition, Monty is involved in a lawsuit. Legal counsel feels it is probable Monty will pay damages of $23,000 in 2022. Monty records provisions related to litigations in the account Litigation Liability. Prepare the current liabilities section of Monty's December 31, 2021, balance sheet. Monty Corp. (Partial) Balance Sheet 11°C 2:40 AM 4/5/2002 Question 8 of 8 < -/10 E ⠀ In addition, Monty is involved in a lawsuit. Legal counsel feels it is probable Monty will pay damages of $23,000 in 2022. Monty records provisions related to litigations in the account Litigation Liability. Prepare the current liabilities section of Monty's December 31, 2021, balance sheet.

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