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Scooby Corp. is a public company. Its trial balance included the following account balances at December 31, 2020: Accounts receivable (net). $82,000 Trading securities.........
Scooby Corp. is a public company. Its trial balance included the following account balances at December 31, 2020: Accounts receivable (net). $82,000 Trading securities......... 14,000 Accumulated depreciation on equipment and furniture.................... 30,000 Cash 20,000 Inventory.. 54,000 Equipment. 50,000 Patent 8,000 Prepaid expenses... 3,000 Asset held for sale -equipment..... 36,000 In Scooby's December 31, 2020 statement of financial position, the current assets total is $209,000. $181,000. $173,000. $147,000.
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