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4 From the listed items below, determine the Total Assets. Prepaid insurance $1,500 Commissions earned 38,000 Accounts payable 2,800 Accounts receivable 1,100 John Ace, capital

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4 From the listed items below, determine the Total Assets. Prepaid insurance $1,500 Commissions earned 38,000 Accounts payable 2,800 Accounts receivable 1,100 John Ace, capital 28,800 Office equipment 6,000 Advertising expense 1,400 Cash 4.100 Land 20,000 Note payable 72,000 Office supplies 400 Salaries expense 7,800 Salaries payable 700 Building 100,000

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