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calculate total current assets at december 31, 2019 calculate total current liabilities at december 31, 2019 calculate working capital at december 31, 2019 QUESTION 27
calculate total current assets at december 31, 2019 calculate total current liabilities at december 31, 2019 calculate working capital at december 31, 2019
QUESTION 27 Please show all supporting computations. Points will be deducted if you do not show your work. The following amounts were reported on the December 31, 2019, balance sheet: Cash $ 9,000 Accounts receivable 33,000 Common stock 50,000 Wages payable 16,000 Retained earnings 125,000 Land 30,000 Accounts payable 19,000 Bonds payable 110,000 Merchandise inventory 28,000 Buildings and equipment, net of accumulated depreciation 220,000
calculate total current assets at december 31, 2019
calculate total current liabilities at december 31, 2019
calculate working capital at december 31, 2019
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