Leskwat Stores has provided you the following list of accounts:

	Debit		Credit
Accounts receivable	672
Building and equipment	936
Cash	49
Interest receivable	46
Inventory	20
Land	162
Notes receivable (due in 2 years)	477
Prepaid rent	33
Supplies	10
Trademark	52
Accounts payable			709
Accumulated depreciation			62
Interest payable			470
Dividends payable			20
Common stock			17
Income tax payable			54
Notes payable (due in 6 months)			804
Retained earnings			292
Deferred revenue			29
TOTALS	2,457		2,457

Assume that interest is due every year (for both the note payable and the note receivable). What amount would Leskwat report as total current assets?

Answer rating: 100% (QA)

7 Total curred Assale of lestwat Particulars Accounts Receivause cosh Inte... View the full answer