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] Constable Company reported the following information at December 31, Year 1: Accounts Payable $ 4,620 Accounts Receivable 9,470 Cash 24,690 Common Stock 91,200
] Constable Company reported the following information at December 31, Year 1: Accounts Payable $ 4,620 Accounts Receivable 9,470 Cash 24,690 Common Stock 91,200 Equipment 50,700 Inventory 32,400 Notes Payable due December 31, Year 3 2,620 Retained Earnings, December 31, Year 1 14,210 4,610 Wages Payable What is the amount of current assets on the classified balance sheet? Multiple Choice $66,560 $24,690 $117,260
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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
7th edition
978-1118334331, 1118334337, 978-1119036449, 1119036445, 978-1119036432
