Selected account balances for Maria?s Mocha at the end of the month are listed below in random
Question:
Selected account balances for Maria?s Mocha at the end of the month are listed below in random order:
Identify or compute the following amounts for Maria?s Mocha:
a. Total current assets
b. Total current liabilities
c. Book value of plant assets
d. Total long-term liabilities
Transcribed Image Text:
Accounts Payable . Estimated Inventory Returns. Unearned Revenue.. Equipment. Inventory Accounts Receivable Salaries Payable. Note Payable, Long-Term. Accumulated Depreciation, Equipment Estimated Refund Liability . Common Stock $13,900 550 7,300 43,000 27,000 5,700 2,150 46,000 4,200 900 28,000 1,950 121,000 5,850 53,000 2,400 11,800 Supplies. Building. Cash. Accumulated Depreciation, Building Prepaid Rent. Retained Earnings...
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a Cash 5850 Accounts Receivable 5700 Inventory 270...View the full answer
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