Question: Use the following data to determine the total dollar amount of assets to be classifed as current assets Bramble Corp. Balance Sheet December 31,
Use the following data to determine the total dollar amount of assets to be classifed as current assets Bramble Corp. Balance Sheet December 31, 2022 Cash $129000 Accounts payable $158500 Salaries and wages Accounts receivable 121300 33200 payable Inventory 207000 Note payable (due 2025) 268000 Short-term investments 85400 Total liabilities $459700 Land (held for future 255500 use) Land 282000 Buildings $335000 Common stock $355000 Less: Accumulated (63600)) 271400 Retained earnings 740500 depreciation Total stockholders Franchise 203600 $1095500 equity Total liabilities and Total assets $1555200 stockholders' $1555200 equity O $335700 $798200 $1001800 O $542700
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