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QUESTION: What is the total current assets of the Epicenter Laundry? Below is the adjusted trial balance account (all in its normal debit / credit
QUESTION: What is the total current assets of the Epicenter Laundry? Below is the adjusted trial balance account (all in its normal debit / credit balance)
TYPE YOUR ANSWER IN PLAIN AMOUNT - Don't use 'decimal', $ sign, comma.
ADJUSTED TB | |
Cash | 11,000 |
Laundry Supplies | 8,600 |
Prepaid Insurance | 3,900 |
Laundry Equipment | 232,600 |
Accum. Depreciation | 131,900 |
Accounts Payable | 11,800 |
Wages Payable | 1,100 |
Common Stock | 40,000 |
Retained Earnings | 65,600 |
Dividends | 5,000 |
Laundry Revenue | 232,200 |
Wages Expense | 126,300 |
Rent Expense | 40,000 |
Utilities Expense | 19,700 |
Laundry Supplies Exp. | 17,900 |
Depreciation Expense | 6,500 |
Insurance Expense | 5,700 |
Miscellaneous Expense | 5,400 |
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