YAT + blackboard mu edusa Question 19 out of 0.5 points The December 31, 2013. post-closing trial balance (s in thousands) for Ahmad's Company is presented below: Credits Debits 22,500 55,000 30,000 7,500 4,500 100,000 45,000 140,000 50,000 132,500 Cash Investments Accounts receivable Allowance for uncollectible accounts Prepaid insurance Inventories Land Buildings Accumulated depreciation - buildings Equipment Accumulated depreciation - equipment Patents (unamortized balance) Accounts payable Notes payable, due 2014 Interest payable Bonds payable, Ordinary share capital, no par, 20,000 shares authorized, issued and outstanding Retained earnings Totals 30,000 5.000 37,500 65,000 10,000 120,000 150,000 64,500 534,500 534.500 Additional information: 1. The investments account represents an investment in the ordinary shares of another corporation. Ahmad company intends to sell $30,000 of the shares after 6 months. 2. The $140,000 balance in the building account consists of 100,000 for the cost of the building for the offices of the business. The remaining $ 40,000 represents the cost of building held for speculations 3. The bond payable is due in annual installments of S24,000 each year. Required: Prepare a classified statement of financial position for Libby Company at December 31, 2013 What is the Total current liabilities? Sunday, September 27, 2020 9:54:08 AM AST