On December 31, Young Company has the following list of account balances. U O U U...

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On December 31, Young Company has the following list of account balances. U O U U Accounts Payable Accounts Receivable Accumulated Depreciation, Equipment O U Accumulated Depreciation, Buildings Advertising Expense Beginning Retained Earnings Buildings Capital Stock O Cash Dividends $ 57,600 27,200 18,100 O Legal Expense Dollar amount of Total Current Liabilities: 67,400 7,600 80,000 114,000 41,100 66,600 21,500 0 Equipment Service Revenue Note Payable, due in two years. Prepaid Rent Rent Expense Salaries Expense Salaries Payable Supplies Supplies Expense $ 32,700 56,700 8,900 11,000 23,800 7,800 9,700 9,000 17,200 3,900 Required: Compute the dollar amount of the total Current Liabilities as it would appear on the December 31 balance sheet. SO On December 31, Young Company has the following list of account balances. U O U U Accounts Payable Accounts Receivable Accumulated Depreciation, Equipment O U Accumulated Depreciation, Buildings Advertising Expense Beginning Retained Earnings Buildings Capital Stock O Cash Dividends $ 57,600 27,200 18,100 O Legal Expense Dollar amount of Total Current Liabilities: 67,400 7,600 80,000 114,000 41,100 66,600 21,500 0 Equipment Service Revenue Note Payable, due in two years. Prepaid Rent Rent Expense Salaries Expense Salaries Payable Supplies Supplies Expense $ 32,700 56,700 8,900 11,000 23,800 7,800 9,700 9,000 17,200 3,900 Required: Compute the dollar amount of the total Current Liabilities as it would appear on the December 31 balance sheet. SO

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To compute the total current liabilities on the balance sheet for Young Co... View the full answer