The following financial information is from Shovels Construction Company: Accounts Payable Buildings Je Cash Accounts Receivable...

 

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The following financial information is from Shovels Construction Company: Accounts Payable Buildings Je Cash Accounts Receivable Sales Tax Payable Retained Earnings Supplies $ 13,800 89,000 11,400 11, 200 2,500 46,000 40,800 33,000 1,600 Common Stock 55,500 What is the amount of current assets, assuming the accounts above reflect normal activity? Notes Payable (due in 18 months) Interest Payable The following financial information is from Shovels Construction Company: Accounts Payable Buildings Je Cash Accounts Receivable Sales Tax Payable Retained Earnings Supplies $ 13,800 89,000 11,400 11, 200 2,500 46,000 40,800 33,000 1,600 Common Stock 55,500 What is the amount of current assets, assuming the accounts above reflect normal activity? Notes Payable (due in 18 months) Interest Payable

Answer rating: 100% (QA)

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