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The following accounts were included on Aeroplane Consultants adjusted trial balance at December 31, 2015: Accounts payable $9,200 Accounts receivable 12,000 Cash 5,500 Common Stock
The following accounts were included on Aeroplane Consultants adjusted trial balance at December 31, 2015:
Accounts payable $9,200
Accounts receivable 12,000
Cash 5,500
Common Stock 25,000
Dividends 10,000
Equipment 5,000
Interest expense 3,000
Note payable, due 8/31/17 60,000
Retained Earnings 15,000
Supplies 1,000
Service revenue 39,000
1.What are total current assets?
2.What are total current assets?
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