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The adjusted trial balance for Culver at December 31, 2019, contains the following accounts Debit Credit $88,450 24,850 43,900 11,600 96,900 18,400 2,100 17,400 $127,000
The adjusted trial balance for Culver at December 31, 2019, contains the following accounts Debit Credit $88,450 24,850 43,900 11,600 96,900 18,400 2,100 17,400 $127,000 Common Stock Buildings Accounts Receivable Prepaid Insurance Cash Equipment Land Insurance Expense Depreciation Expense Interest Expense 14,400 Retained Earnings 4,400 Accumulated Depreciation-Buildings 19,400 Accounts Payable 61,500 Notes Payable 66,700 Accumulated Depreciation-Equipment 900 Interest Payable 7,200 Service Revenue 2,100 $303,600 $278,750 Liabilities and Stockholders' Equity By how much does current assets exceed current liabilities? Current assets exceed current liabilities by $ What percentage of current assets are in the form of cash? (Round answer to 2 decimal places, eg, 15.25%.) Percentage of current assets in the form of cash Determine the company's liquidity. The company's liquidty appears to be
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