Question: Use the information in the adjusted trial balance presented below to calculate current assets for Taron Company: Account Title Cash Accounts receivable Prepaid insurance Equipment
Use the information in the adjusted trial balance presented below to calculate current assets for Taron Company:
Account Title Cash Accounts receivable Prepaid insurance Equipment Accumulated depreciation-Equipment Land Accounts payable Interest payable Unearned revenue Long-term notes payable Z. Taron, Capital Totals Debit $ 23,000 16,000 6,140 100,000 95,000 $ 240,140 Credit $ 50,000 17,000 2,400 5,000 29,540 136,200 $ 240,140
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