Use the following for questions 37-39 T Corp has provided their accounts in alphabetical order. Use these accounts to answer the following questions. Accounts payable
Use the following for questions 37-39
T Corp has provided their accounts in alphabetical order. Use these accounts to answer the following questions.
Accounts payable | $15,000 |
Accounts Receivable | 26,000 |
Accumulated depreciation | 75,000 |
Cash | 20,000 |
Common stock | 350,000 |
Depreciation expense | 25,000 |
Dividends | 60,000 |
Equipment | 850,000 |
Deferred revenue | 30,000 |
Notes payable | 200,000 |
Rent expense | 20,000 |
Retained earnings | 189,100 |
Salaries expense | 356,000 |
Service revenue | 500,000 |
Supplies | 200 |
Supplies expense | 1,900 |
37. $__________ Total current assets
38. $__________Book value of the equipment
39. $__________Net income
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