question 23

Question 23 Using the following information, compute CURRENT LIABILITIES. Cost of Goods Sold 9.000 Accounts Payable 2.100 Paid-in Capital 1,750 Cash 400 Sales 10,000 Accrued Wages Payable 250 Dividends 700 Retained Earnings (beginning)1,000 Inventory 4,000 Hint: An item that appears in the income statement does NOT also appear in the balance s 54.100 53,050 $1,950 $2,350 $5.100