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Use the following for questions 37-39 The company has provided their accounts in alphabetical order. Use these accounts to answer the following questions. Accounts
Use the following for questions 37-39 The company has provided their accounts in alphabetical order. Use these accounts to answer the following questions. Accounts payable $40,000 Accounts Receivable 50,000 Accumulated depreciation 300,000 Cash 75,000 Common stock 450,000 Depreciation expense 50,000 Dividends 100,000 Equipment 1,200,000 Deferred revenue 10,000 Notes payable 100,000 Rent expense 30,000 Retained earnings 320,000 Salaries expense 425,000 Service revenue 750,000 Supplies 5,000 Supplies expense 35,000 37. $ Total current assets 38. $ Book value of the equipment 39. $ Net income
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