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Online teaching and le eBook Show Me How Office 365 Gmeiner Co. had the following current assets and liabilities on December 31 of two recent

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Online teaching and le eBook Show Me How Office 365 Gmeiner Co. had the following current assets and liabilities on December 31 of two recent years: Current Year Previous Year Current assets: Cash Accounts receivable $801,000 347,000 824,000 $1,972,000 $456,000 183,000 320,000 $959,000 Inventory Total current assets Current liabilities: $156,000 Current portion of long-term debt Accounts payable 213,000 $205,000 246,000 369,000 5820,000

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