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Shift 40 The December 31, 2017 trial balance of Triple Company among others, includes the following Notes receivable, which have been reduced by notes discounted

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Shift 40 The December 31, 2017 trial balance of Triple Company among others, includes the following Notes receivable, which have been reduced by notes discounted of $10,000 that are not yet due and on which the com pany is contingently liable V Cnsignnat 50,000 Accounts receivable, which include accounts with cred it balances of $5,000 and past due accounts of $3,000 on which a loss of 80% is anticipated wertheoa Aur Merchandise inventory, which includes goods held on consignment, $4,000 and goods received on December 31, $6,000, Neither of these items have been recorded as a purchase baany tn auny 100,000 Sondrdy tohef 00r 90,000 goods V Rent received in advance V neamd lubil s 2urert 8,000 60000 Notes payable, which are trade notes with the exception of $20,000 note payable to bank on June 30, 2018 60,000 Accounts payable, which include accounts with debit balance of $1,000 000 40,000 V Mortgage notes, which are payable in annual installments of $5,000 on February 1 of each year So 30,000 Required: What is the amount of current liabilities on December 31, 2017? note payable to bank on June 30, 2018 60,000 Accounts payable, which include accounts with debit balance of $1,000 00 40,000 V Mortgage notes, which are payable in annual installments of $5,000 on February 1 of each year So 30,000 Required: What is the amount of current liabilities on December 31, 2017

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