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Co. G has the following Assets and their balances: Cash = $20,000 Accounts Receivable = $12,000 Patents = $40,000 Inventory = $15,500 Equipment = $32,000
Co. G has the following Assets and their balances: Cash = $20,000 Accounts Receivable = $12,000 Patents = $40,000 Inventory = $15,500 Equipment = $32,000 Supplies = $3,000 Accumulated Depreciation - Equip = $7,000 Land = $30,000 Calculate what dollar amount Total Current Assets would be. $47,500 $35,000 $42,000 $50,500
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