Question
Consider the following accounts and balances for the Snow Corporation: Cash-_$50,000 Sales $30.000 Prepaid insurance $8,000 Accounts payable- $9,000 Accounts receivable_$18,000 Inventory- $9,000 Currently maturing
Consider the following accounts and balances for the Snow Corporation:
Cash-_$50,000
Sales $30.000
Prepaid insurance $8,000
Accounts payable- $9,000
Accounts receivable_$18,000
Inventory- $9,000
Currently maturing long-term debt-$30,000
Goodwill-_$8,000
Accumulated depreciation-$9,000
The company's current liabilities are $?
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Modern Auditing
Authors: Graham W. Cosserat, Neil Rodda
3rd Edition
0470319739, 9780470319734
