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Use the information in the adjusted trial balance presented below to calculate current assets for Taron Company, Inc.: Account Title Dr. Cr. Cash 23,000 Accounts
- Use the information in the adjusted trial balance presented below to calculate current assets for Taron Company, Inc.:
Account Title Dr. Cr. Cash 23,000 Accounts receivable 16,000 Prepaid insurance 6,600 Equipment 100,000 Accumulated DepreciationEquipment 50,000 Land 95,000 Accounts payable 17,000 Interest payable 2,400 Unearned revenue 5,000 Long-term notes payable 30,000 Common stock 1,000 Retained Earnings 135,200 Totals 240,600 240,600 $21,200. $45,600. $24,400. $95,600. $41,200.
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