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Constable Co. reported the following information at December 31, Year 1: Accounts Payable $ 4,560 Accounts Receivable Cash Common Stock Equipment 9,410 24,090 90,600
Constable Co. reported the following information at December 31, Year 1: Accounts Payable $ 4,560 Accounts Receivable Cash Common Stock Equipment 9,410 24,090 90,600 50,100 Inventory 31,800 Notes Payable due December 31, Year 3 2,560 Retained Earnings, December 31, Year 1 14,150 Wages Payable 3,530 What is the amount of current assets on the classified balance sheet? Multiple Choice $24,090 $115,400 $38,240
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