Question: Using the data below, compute TOTAL CURRENT ASSETS. Cash 100 Wages Payable 160 Accounts Receivable 500 Accounts Payable 600 Land 800 Paid-in Capital 1,000 Retained

Using the data below, compute TOTAL CURRENT ASSETS. Cash 100 Wages Payable 160 Accounts Receivable 500 Accounts Payable 600 Land 800 Paid-in Capital 1,000 Retained Earnings 1,640 Inventory 1,800 Bank Loan Payable (due in 2 years) 2,200 Equipment 2,400 El $4,040 Retained Earnings Inventory Bank Loan Payable (due in 2 years) Equipment

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