The following accounts were included in Wildhorse Consultants adjusted trial balance at December 31,2020: Accounts payable...
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The following accounts were included in Wildhorse Consultants adjusted trial balance at December 31,2020: Accounts payable $11.956 Accounts receivable 15,860 Cash 6.710 Owner's Capital 48,800 Owner's Drawings 12,200 Interest expense 3,660 Note payable, due 8/31/23 79,300 Supplies 1,830 Service revenue 45,140 Equipment 6,100 (a) What are total current assets? Total current assets %24 What are total current liabilities? Total current liabilities %24 The following accounts were included in Wildhorse Consultants adjusted trial balance at December 31,2020: Accounts payable $11.956 Accounts receivable 15,860 Cash 6.710 Owner's Capital 48,800 Owner's Drawings 12,200 Interest expense 3,660 Note payable, due 8/31/23 79,300 Supplies 1,830 Service revenue 45,140 Equipment 6,100 (a) What are total current assets? Total current assets %24 What are total current liabilities? Total current liabilities %24
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Answer rating: 100% (QA)
11956 6710 Account Payable Total Current Liabilities ... View the full answer
Related Book For
Advanced Financial Accounting
ISBN: 978-0078025624
10th edition
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
Posted Date:
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