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Crane Ltd. has the following select account balances: Cash $27400; Accounts Receivable $8800; Equipment $60600; Long-term Equity Investment $5150; Accumulated Depreciation-Equipment $10100; Supplies $1190;
Crane Ltd. has the following select account balances: Cash $27400; Accounts Receivable $8800; Equipment $60600; Long-term Equity Investment $5150; Accumulated Depreciation-Equipment $10100; Supplies $1190; Prepaid Insurance $2050; Inventory $6040; and Patents $11700. What would be the total to be reported as current assets? O $45480 $37390 $43430 $39440
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Advanced Accounting
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
11th Edition
978-0132568968, 9780132568968
