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Need help with the following question. Thank you The following information is for Skysong Day Real Estate: $ 60700 Cash Prepaid Insurance Skysong Day Real
Need help with the following question. Thank you
The following information is for Skysong Day Real Estate: $ 60700 Cash Prepaid Insurance Skysong Day Real Estate Balance Sheet December 31, 2018 $ 25400 Accounts Payable 30100 Salaries and Wages Payable 50600 Mortgage Payable 68700 Total Liabilities 14800 Accounts Receivable 86700 162200 Inventory Land Held for Investment 83800 Land 121100 $98100 Common Stock Retained Earnings $118400 246000 364400 Buildings Less Accumulated Depreciation Trademark Total Assets (20100) 78000 68900 Total Liabilities and Stockholders' Equity $526600 $526600 The total dollar amount of liabilities to be classified as current liabilities is $14800. $75500. $60700. $162200Step by Step Solution
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