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On December 28, 2019, Concord, Inc. received a bill for $1,900 for December 2019 utilities. They paid $1,900 on January 27,2020, when it was due.

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On December 28, 2019, Concord, Inc. received a bill for $1,900 for December 2019 utilities. They paid $1,900 on January 27,2020, when it was due. Onits 12/31/2019 financial statements, Concord, Inc. should report and Utilities Payable of $1,900 on the Balance Sheet Utilities Expense of $1,900 on the Income Statement and Utilities Expense of $0 on the Balance Sheet Utilities Payable of $0 on the Income Statement 0 Prepaid Expenses of $1,900 on the Balance Sheet and Utilities Expense of $1,900 on the income Statement 0 Ustes Payable of $0 on the Balance Sheet and Utilities Expense of $0 on the Income Statement Question 14 3 pts The following financial information is from Amber Corporation's trial balance: Buildings Cash Accounts receivable Utilities payable Retained earnings Accounts payable Inventory Notes payable, due in 6 months Common Stock $85,000 $35,000 $49.000 $2.000 $60,000 $13,000 $16.000 $25,000 $85.000 What is the company's total current assets, assuming the accounts are all normal balances

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