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Question 7 of 7 Corsig Corporation had the following comparative current assets and current abilities Dec. 31, 2021 Dec. 31, 2020 Current assets Cash

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Question 7 of 7 Corsig Corporation had the following comparative current assets and current abilities Dec. 31, 2021 Dec. 31, 2020 Current assets Cash $25,000 $30,000 Debt investments 40,000 10,000 Accounts receivable 60,000 90,000 Inventory 110,000 90,000 Prepaid expens 35,000 25.000 Total current assets $270,000 $245,000 Current liabilities Accounts payable $120,000 $110.000 Salaries and wages payable 40.000 30,000 10.000 15.000 Income tax payable e DELL 4/6 1 SMPM 1480

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