Question
Cash 70,,000 Marketable Securities 100,000 Accounts Receivable 82,000 Inventory 156,000 Prepaid Insurance 15,000 Rent Expense 20,000 Property, Plant &Equipment 860,000 Accounts Payable 125,000 Taxes Payable
Cash
70,,000
Marketable Securities
100,000
Accounts Receivable
82,000
Inventory
156,000
Prepaid Insurance
15,000
Rent Expense
20,000
Property, Plant &Equipment
860,000
Accounts Payable
125,000
Taxes Payable
40,000
Bonds Payable in 10years
700,000
Equity
418,000
Consulting Revenue
45,000
What is the amount of total Current Assets?
a.$252,000
b.$423,000
c.$483,000
d.$488,000
not my work need help with homework
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Advanced Accounting
Authors: Susan S. Hamlen
3rd Edition
1618531514, 978-1618531513
