The following items are taken from the Postal Service's financial statements for the year ending December 31, 2015:

Accounts payable	$ 18,000
accounts receivable	11,000
Accumulated depreciation - equipment	28,000
advertising expenses	21,000
Money	15,000
Common actions	42,000
dividends	14,000
depreciation expense	12,000
insurance costs	3,000
Document payable, due on 06/30/16	70.000
Prepaid insurance (12 month policy)	6,000
Rental costs	17,000
Retained earnings (1/1/15)	60.000
Wage and salary expenses	32,000
Service revenues	133,000
supplies	4,000
Supply expenses	6,000
Equipment	210,000

What are the total current liabilities as of December 31, 2015?

Answer rating: 100% (QA)

Accounts payable 18000 Document payable due on 063016 70000 Prepaid in... View the full answer