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Use the following adjusted trial balance to answer question 19. Cash $ 20,000 Accounts Receivable 30,000 Supplies 7,000 Prepaid Insurance 3,000 Equipment 130,000 Accumulated Depreciation
Use the following adjusted trial balance to answer question 19. Cash $ 20,000 Accounts Receivable 30,000 Supplies 7,000 Prepaid Insurance 3,000 Equipment 130,000 Accumulated Depreciation - Equipment 60,000 Accounts Payable 6,000 Notes Payable 10,000 B.W. Capital B.W. Drawing Sales Revenue Wages Expense Rent & Utilities Expense 70,000 17,000 148,000 42,000 21,000 Insurance Expense 14,000 Depreciation Expense - Equipment 5,000 Miscellaneous Expense 5,000 What are total current assets reported on the balance sheet? a. $30,000 Ob. $60,000 Oc. $107,000 C. Od. $130,000
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