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Please answer all Revenue is a temporary account. True false A company reported total stockholders' equity of $145.000 on its Dec 31, 2012, balance sheet.
Please answer all Revenue is a temporary account. True false A company reported total stockholders' equity of $145.000 on its Dec 31, 2012, balance sheet. The following information is available for the year ended Dec 31, 2013: Revenues $310,000 Expenses 165.000 Liabilities, on December 31, 201372,000 What are the total assets of the company on December 31, 2013? $362,000 $190.000 $ 92.000 $210.000 Which of the following assets would not be classified as a current asset? Accounts receivable prepaid rent Supplies Equipment None of the above The current ratio is computed as: Current liabilities divided by current assets Current assets divided by current liabilities Current assets minus current liabilities Current assets divided by total assets None of the above
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