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As of December 31, 2010 Assets Cash Accounts receivable Inventory $ 1 S37 $61 Total Current Assets Net plant and equipment Total Assets $1,000 Liabilities

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As of December 31, 2010 Assets Cash Accounts receivable Inventory $ 1 S37 $61 Total Current Assets Net plant and equipment Total Assets $1,000 Liabilities and Stockholders' Equity Accounts payable Notes payable $ 6 $110 $140 Sxxxxox $750 Accruals Total Current Liabilities Long-term liabilities Total Liabilities Common Stock (50,000,000 shares) $130 $810 Retained earnings Total liabilities and stockholders' equity Sxxxoxox Using the previous information, Morgan Company's current assets are...,its current liabiliti ere and its total liabilities and stockholders' equity are... . $1,000, s3 10 and $2,000 respectively. b. $2,000; $1,060 and $2,000 respectively. c. $1,000; $750 and $1,060 respectively. . none of the above. Which one of the following is a current liability? account receivable mortgage payable over thirty years

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