Question: Use the information in the adjusted trial balance presented below to calculate current assets for Taron Company: Account Title Debit Credit Cash $ 5 9

Use the information in the adjusted trial balance presented below to calculate current assets for Taron Company:
Account Title Debit Credit
Cash $ 59,000
Accounts receivable 28,000
Prepaid insurance 11,400
Equipment 220,000
Accumulated depreciationEquipment $ 110,000
Land 107,000
Accounts payable 29,000
Interest payable 5,400
Unearned revenue 8,600
Long-term notes payable 66,000
Z. Taron, Capital 206,400
Totals $ 425,400 $ 425,400
Multiple Choice
$20,800.
$10,800.
$107,000.
$29,000.
$98,400.Use the information in the adjusted trial balance presented below to calculate current assets for Taron Company:
Account Title Debit Credit
Cash $ 59,000
Accounts receivable 28,000
Prepaid insurance 11,400
Equipment 220,000
Accumulated depreciationEquipment $ 110,000
Land 107,000
Accounts payable 29,000
Interest payable 5,400
Unearned revenue 8,600
Long-term notes payable 66,000
Z. Taron, Capital 206,400
Totals $ 425,400 $ 425,400
Multiple Choice
$20,800.
$10,800.
$107,000.
$29,000.
$98,400.

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