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The total dollar amount of liabilities to be classified as current liabilities is $176000. $329000. $46000. $130000. The following information is for Sandhill Auto Supplies:
The total dollar amount of liabilities to be classified as current liabilities is
$176000.
$329000.
$46000.
$130000.
The following information is for Sandhill Auto Supplies: SandhillAuto Supplies Balance Sheet December 31, 2021 Cash $ 40000 Accounts Payable $ 130000 Prepaid Insurance 80000 Salaries and Wages Payable 46000 Accounts Receivable 99000 Mortgage Payable 153000 Inventory 141000 Total Liabilities 329000 Land Held for Investment 181000 Land 254000 Buildings $202000 Common Stock $402000 Retained Earnings 344000 746000 Less Accumulated Depreciation (60000) 142000 Trademark 138000 Total Liabilities and Stockholders' Equity Total Assets $1075000 $1075000Step by Step Solution
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