Please help me calculate the current assets and current liabilities. Cash and cash equivalents Deposits Marketable securities Inventory Property & equipment, net Loan to shareholders
Please help me calculate the current assets and current liabilities.

Cash and cash equivalents Deposits Marketable securities Inventory Property & equipment, net Loan to shareholders Notes receivable Trade accounts receivable TOTAL ASSETS Sales tax payable Retained earnings Notes payable - current portion Bond payable - due 2025 Accrued expenes TUNCEL BALANCE SHEET December 31, 2023 and 2022 2023 $ 370,845 4,275 45,000 1,325,688 150,247 35,697 42,010 1,568,128 $ 3,541,890 2023 85,231 1,704,583 11,506 441,618 9,638 375,280 906,034 8,000 Notes payable, net of current portion Accounts payable Common stock (no par; 500 shares authorized, TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 3,541,890 Vert. 2022 $ 348,190 4,275 mpilation report. 1,594,903 174,936 35,697 52,857 1,106,888 $ 3,317,746 2022 91,315 1,412,186 15,367 558,892 Horizontal 8,712 612,271 611,003 8,000 Page 2 $ 3,317,746
Step by Step Solution
There are 3 Steps involved in it
Step: 1
2022 Current Assets Current Liabilities Cash and cash equivalents 348190 Sale ... View full answer

Get step-by-step solutions from verified subject matter experts
100% Satisfaction Guaranteed-or Get a Refund!
Step: 2Unlock detailed examples and clear explanations to master concepts

Step: 3Unlock to practice, ask and learn with real-world examples

See step-by-step solutions with expert insights and AI powered tools for academic success
-
Access 30 Million+ textbook solutions.
-
Ask unlimited questions from AI Tutors.
-
Order free textbooks.
-
100% Satisfaction Guaranteed-or Get a Refund!
Claim Your Hoodie Now!

Study Smart with AI Flashcards
Access a vast library of flashcards, create your own, and experience a game-changing transformation in how you learn and retain knowledge
Explore Flashcards