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X Company had the following selected accounts on December 31, 2020: Account receivable Allowance for doubtful account Ca $23,000 5,000 500,000 Cab sumender value
X Company had the following selected accounts on December 31, 2020: Account receivable Allowance for doubtful account Ca $23,000 5,000 500,000 Cab sumender value of life i 287,000 Equipment no longer in 7,000 Interest reveable 7,000 Propoidan (18) 21,000 Prepid Re 3,000 Supplies 21,000 In addition to the selected accounts listed above, X company owns Marketable Securities that were originally purchased at a cost of $9,000 and they were traded at a fair value of $12,000 on December 31, 2020. In addition, Inventory, which had a cost of $140,000, could be purchased at $138,000 from the market as of December 31, 2020. X company reported a total of $ --- of current assets on December 31, 2020* $738,000 $741,000 $778,000 None of the above
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