Question 2 0/2 pts Nineveh Corporation's trial balance included the following account balances at December 31,...

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Question 2 0/2 pts Nineveh Corporation's trial balance included the following account balances at December 31, 2018: Accounts Payable, net of $3,000 debit balance supplier's account $48,000 Bonds Payable, due 2019 75,000 Discount on Bonds Payable, due 2019 9,000 Contingent Liability 12,000 Dividends Payable 24,000 Notes Payable, due January 31, 2022 60,000 Advances from customers 5,500 Share dividends payable 500,000 Estimated warranty expense (80% of which was already 80,000 paid during the year) Mortgage payable 100,000 Accrued salaries 4,500 2018 Income tax expense (last quarter remains unpaid at year-end) 44,000 Loans payable, due 2019 20,000 How much is the total current liability? Question 2 0/2 pts Nineveh Corporation's trial balance included the following account balances at December 31, 2018: Accounts Payable, net of $3,000 debit balance supplier's account $48,000 Bonds Payable, due 2019 75,000 Discount on Bonds Payable, due 2019 9,000 Contingent Liability 12,000 Dividends Payable 24,000 Notes Payable, due January 31, 2022 60,000 Advances from customers 5,500 Share dividends payable 500,000 Estimated warranty expense (80% of which was already 80,000 paid during the year) Mortgage payable 100,000 Accrued salaries 4,500 2018 Income tax expense (last quarter remains unpaid at year-end) 44,000 Loans payable, due 2019 20,000 How much is the total current liability?

Answer rating: 100% (QA)

Total Current Liability can be computed as Accounts Payable Bonds Payable Dividends Payabl... View the full answer