Question
Debit Credit Cash$247,800Sales Revenue$10,206,000Debt Investments (trading) (at cost, $218,000)193,200Cost of Goods Sold6,048,000Debt Investments (long-term)376,320Equity Investments (long-term)349,440Notes Payable (short-term)113,400Accounts Payable572,880Selling Expenses2,520,000Investment Revenue79,800Land327,600Buildings1,310,400Dividends Payable171,360Accrued Liabilities120,960Accounts Receivable547,680Accumulated DepreciationBuildings191,520Allowance
DebitCreditCash$247,800Sales Revenue$10,206,000Debt Investments (trading) (at cost, $218,000)193,200Cost of Goods Sold6,048,000Debt Investments (long-term)376,320Equity Investments (long-term)349,440Notes Payable (short-term)113,400Accounts Payable572,880Selling Expenses2,520,000Investment Revenue79,800Land327,600Buildings1,310,400Dividends Payable171,360Accrued Liabilities120,960Accounts Receivable547,680Accumulated DepreciationBuildings191,520Allowance for Doubtful Accounts31,920Administrative Expenses1,134,000Interest Expense266,280Inventory751,800Gain100,800Notes Payable (long-term)1,134,000Equipment756,000Bonds Payable1,260,000Accumulated DepreciationEquipment75,600Franchises201,600Common Stock ($5 par)1,260,000Treasury Stock241,080Patents246,120Retained Earnings98,280Paid-in Capital in Excess of Par100,800 Totals$15,517,320$15,517,320
What is Total Current Assets?
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