The company's unclassified balance sheet reported the assets listed in the below table.  

What would be the total current assets that is reported on a classified balance sheet prepared for the company?  

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Cash Land Long-term investments Merchandise inventory. Notes receivable (due in 30 days) Notes receivable (due in 5 years) Prepaid insurance Short-term investments Supplies Total assets $ 12,000 30,000 15,000 6,000 1,000 5,000 1,500 10,000. 250 $80,750 Cash Land Long-term investments Merchandise inventory. Notes receivable (due in 30 days) Notes receivable (due in 5 years) Prepaid insurance Short-term investments Supplies Total assets $ 12,000 30,000 15,000 6,000 1,000 5,000 1,500 10,000. 250 $80,750

Answer rating: 100% (QA)

The total of all current assets is the current asset total The... View the full answer