Business, 22.07.2019 20:30 tylerbrewton23

Bon nebo co. sold 25,000 annual subscriptions of magazine 2018 for $85 during december 2018. these new subscribers will receive monthly issues, beginning in january 2019. in addition, the business had taxable income of $840,000 during the first calendar quarter of 2019. the federal tax rate is 40%. a quarterly tax payment will be made on april 12, 2019. prepare the current liabilities section of the balance sheet for bon nebo co. on march 31, 20y9.

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