Santana, Inc. reports the following liabilities (in thousands) on its January 31

Question

Santana, Inc. reports the following liabilities (in thousands) on its January 31, 2014, balance sheet and notes to the financial statements. Accounts payable Accrued pension liability Unearned rent revenue Bonds payable Current portion of mortgage payable $6,746.7 1,641.7 335.6 858.1 2,563.6 $4,263.9Mortgage payable 1,115.2 Operating leases 1,058.1 1,961.2 1,992.2 Notes payable (due in 2017) Salaries and wages payable Notes payable (due in 2015) Unused operating line of Income taxes payable 265.2 3,337.6 credit Warranty liability-current 1,417.3

Explanation / Answer

Account Classification Accounts payable Current Accrued pension liability long term Unearned rent revenue Current bonds payable long term current prtion of mortgage payable Current income taxes payable Current mortgage payable long term operating leases long term notes payable long term Salaries and wages payable Current notes payable Current unused operating line of credit Current not depicted as a liability as not used warranty liability - current Current Current liability Accounts payable 4263.9 Accrued pension liability 1115.2 Unearned rent revenue 1058.1 current prtion of mortgage payable 1992.2 income taxes payable 265.2 Salaries and wages payable 858.1 notes payable 2563.6 warranty liability - current 1417.3 13533.6 long term liability Accrued pension liability bonds payable 1961.2 mortgage payable 6746.7 operating leases 1641.7 notes payable 335.6 10685.2 unused operating line of credit not depicted as a liability as not used

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