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On December 31, Watson Company has the following list of account balances. S 26,700 Accounts Payable Equipment $26,100 Service Revenue Accounts Receivable 56,200 45,800 nAccumulated
On December 31, Watson Company has the following list of account balances. S 26,700 Accounts Payable Equipment $26,100 Service Revenue Accounts Receivable 56,200 45,800 nAccumulated Depreciation, Equipment Legal Expense 15,000 5,400 Accumulated Depreciation, Buildings Note Payable, due in two 67,500 13,000 years. Advertising Expense 4,200 Prepaid Rent 18,000 Rent Expense Beginning Retained Earnings 80,000 5,000 Buildings Salaries Expense 83,000 6,800 Capital Stock Salaries Payable 63,400 14,800 Supplies Cash 72,600 22,800 Dividends 17,600 Supplies Expense 8,500 Required: Compute the dollar amount of the total current assets as it would appear on the December 31 balance sheet. Dollar amount of Total Current Assets
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