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Knowing that the total current assets balance is $59,400; total assets is $225,200 and total liabilities is $51,900, compute the following balances: Total Current Liabilities
Knowing that the total current assets balance is $59,400; total assets is $225,200 and total liabilities is $51,900, compute the following balances: Total Current Liabilities * $21,700 $24,900 $27,900 None of the options Total Long-Term Liabilities * $23,000 $27,000 $30,200 None of the options Unearned Revenue balance * $10,300 $11,700 $14,900 None of the options Common Stock balance * $88,000 $99,000 $111,000 None of the options
ABC Company had the following accounts' balances at the end of the year 2020, listed in alphabetical order Accounts Payable $ 11.000 Accounts Receivable 5,400 4,500 Accumulated Depreciation Equipment Allowance for Doubtful Account ??? Bank Overdraft 3,200 Bonds Payable 25,000 23,000 Cash Cash restricted for future expansion 14,300 Common Stock ??? 2,000 23,000 Discount on Bonds Payable Equipment Equipment not in use and held for sale Inventory Land 3,400 12,600 67,000 Pension Fund 22,000 Premium on Common Stock 23,000 Prepaid Rent (24 moths) 12,000 51,300 Retained Earnings Supplies Tax Payable 8,500 3,000 Trade name 32,000 7,600 Trading Securities Treasury Stock 11,000 Unearned RevenueStep by Step Solution
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