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On December 31, Campbell Company has the following list of account balances. Accounts Payable $69,400 Service Revenue $59,800 Accounts Receivable 30,100 Legal Expense 2,800 Accumulated
On December 31, Campbell Company has the following list of account balances.
Accounts Payable $69,400 Service Revenue $59,800 Accounts Receivable 30,100 Legal Expense 2,800 Accumulated Depreciation, Equipment 12,400 Note Payable, due in two years. 19,000 Accumulated Depreciation, Buildings 74,400 Prepaid Rent 14,600 Advertising Expense 8,500 Rent Expense 4,600 Beginning Capital 80,000 Salaries Expense 2,100 Buildings 94,000 Salaries Payable 6,400 Cash 59,700 Supplies 19,500 Drawing 18,500 Supplies Expense 6,500 Equipment 60,500
Required:
Compute the dollar amount of the total Current Liabilities as it would appear on the December 31 balance sheet.
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