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Hi I need help on the following question thank you The December 31, 2021 (pre-closing) adjusted trial balance for Kline Enterprises was as follows: Debit
Hi I need help on the following question thank you
The December 31, 2021 (pre-closing) adjusted trial balance for Kline Enterprises was as follows: Debit Credit 101,000 181,000 271,000 501,000 Account Title Accounts payable Accounts receivable Accumulated depreciation-equipment Common stock Cash Cost of goods sold Depreciation expense Equipment Interest expense Inventory Note payable (due in six months) Rent expense Retained earnings Salaries payable Sales revenue Salaries expense Totals 37,000 491,000 71,000 722,000 8,000 161,000 71,000 41,000 77,000 19,000 803,000 131,000 1,843,000 1,843,000 Required: Compute Kline's 12/31/2021 total current assets: Current assets Step by Step Solution
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