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The balances of select accounts of Sandra, Inc. as of December 31, 2018 are given below: Debit Credit Building $ 140 comma 000 Cash 10
The balances of select accounts of Sandra, Inc. as of December 31, 2018 are given below:
Debit | Credit | |
Building | $ 140 comma 000 |
Cash | 10 comma 000 |
Office Supplies | 900 |
Furniture | 3 comma 000 |
Prepaid Insurance | 500 |
Accumulated Depreciationlong dash |
Furniture | $ 2 comma 000 |
Land | 35 comma 000 |
Accumulated Depreciationlong dash |
Building | 4 comma 100 |
Accounts Receivable | 2 comma 000 |
The insurance has been prepaid until June 30, 2019. Determine the amount of total current assets reported on the balance sheet at December 31, 2018.
A.
$ 13 comma 400
B.
$ 15 comma 000
C.
$ 10 comma 900
D.
$ 11 comma 400
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