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1. What is the total of the credit balance accounts? 2. What is the amount of current assets on the classified balance sheet? 3. What
1. What is the total of the credit balance accounts? 2. What is the amount of current assets on the classified balance sheet? 3. What is the amount of current liabilities on the classified balance sheet? 4,650 Accounts payable 9,500 Accounts receivable Cash $24,990 Contributed capital 91,500 Equipment 51,000 Inventory 32,700 Notes payable, due 2015 2,650 I Retained Earnings 14,240 Wages payable 5.150
1. What is the total of the credit balance accounts?
2. What is the amount of current assets on the classified balance sheet?
3. What is the amount of current liabilities on the classified balance sheet?
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