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The following partial balance sheet ($ in thousands) for Paisano Seafood Inc. is shown below. Assets Liabilities and Equity Current assets: Current liabilities: Cash $
The following partial balance sheet ($ in thousands) for Paisano Seafood Inc. is shown below. Assets Liabilities and Equity Current assets: Current liabilities: Cash $ 80 Accounts payable $ 221 Accounts receivable (net) Notes receivable 184 65 Other current liabilities 63 Total current liabilities. 284 Inventory 218 Long-term liabilities 91 Prepaid expenses 42 Total liabilities 375 Total current assets 589 Shareholders' equity: Equipment (net) 266 Common stock Total assets Quick assets total: Multiple Choice $855 133 Retained earnings Total shareholders' equity 347 480 Total liabilities and equity $ 855 Multiple Choice $329 thousand. $264 thousand. $371 thousand. $80 thousand
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