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The December 31 2021 pre closing adjusted trial balance for Kline enterprise was as follows: Acc payable 102,000 Acc Rec 182,000 Accum Depreciation-equipment 272,000 common
The December 31 2021 pre closing adjusted trial balance for Kline enterprise was as follows:
Acc payable 102,000
Acc Rec 182,000
Accum Depreciation-equipment 272,000
common stock 502,000
cash 38,000
COGS 492,000
depreciation expense 72,000
Equipement 724,000
Interest expense 9000
inventory 162,000
note payable due in 6 months 72,000
rent expenses 42,000
retainend earnings 79,000
salaries payable 20,000
sales revenue 806,000
salaries expenses 132,000
Totals Deb: 1,853,000. Cr 1,853,000
compute Kline's 12/31/2021 total current liabilities
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