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The December 31 2021 pre closing adjusted trial balance for Kline enterprise was as follows: Acc payable 99,000 Acc Rec 179,000 Accum Depreciation-equipment 269,000 common
The December 31 2021 pre closing adjusted trial balance for Kline enterprise was as follows:
Acc payable 99,000
Acc Rec 179,000
Accum Depreciation-equipment 269,000
common stock 499,00
cash 35,000
COGS 489,000
depreciation expense 69,000
Equipement 718000
Interest expense 6000
inventory 159000
note payable due in 6 months 69000
rent expenses 39000
retainend earnings 73000
salaries payable 17000
sales revenue 797000
salaries expenses 129000
Totals Deb: 1,823,000. Cr 1,823,000
compute Kline's 12/31/2021 total current assets
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