Question
On June12,Carpenter Printing printed$19,432in magazines for the Pierre Company.The magazines were delivered on June15,along with an invoice for$6,041due July15.Per the contract negotiated by the Pierre
On June12,Carpenter Printing printed$19,432in magazines for the Pierre Company.The magazines were delivered on June15,along with an invoice for$6,041due July15.Per the contract negotiated by the Pierre Company with Carpenter Printing,$4,774will be invoiced in July and will be due August15;the remainder will be invoiced in August and will be due September15.On June18,Cecil Advertising Agency signed a contract with Carpenter Printing to print advertisements,paying$25,511in advance.$10,464in advertisements are contracted to be printed in June and$26,376in advertisements are contracted to be printed in July.On June30,$12,740of advertisements were printed and delivered to Cecil Advertising.On June30,$2,521of the$15,669in supplies remaining on May31have not been used.
Based on these transactions alone,whatare the Total CurrentAssetson theBalanceSheeton June30?
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