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use Use the following accounts from the December 31, 2019 Adjusted Trail Balance to answer the question below (NOTE: this information will be needed to

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Use the following accounts from the December 31, 2019 Adjusted Trail Balance to answer the question below (NOTE: this information will be needed to answer questions 63-70): Accounts Payable $45.000, Accounts Receivable $20.000, Accumulated Depreciation Equipment 50,000, Allowance for Doubtful Accounts $1,000, Bonds Payable $50,000, Cash $62,000, Cash dividends $14,000 Common stock $3,000, Cost of goods sold $2,000, Depreciation expense $7,000, Equipment $250,000, Interest Expense $2,000, Gain on sale of equipment $3,000, Merchandise inventory $24.000, Notes payable (due 9/30/21) $3,000, PIC in excess of par common stock $100,000, PIC from treasury stock $7,000, Preferred stock $30,000, Prepaid rent $1,000, Retained earnings 132.000 salary expense $23.000, Sales returns Ballowances $10,000, Sales revenue $184,000, Supplies $2.000, Treasury Stock $3.000, Uneamed sales revenue 4.000, expense $10,000 Total current assets at December 31, 2019 are: O $110,000 O $111,000 $360,000 $361,000

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