Question

CASH = 9950, ACCOUNTS PAYABLE = 32510, INVENTORY = 16750, EQUIPMWNT = 217500, COMMON SHARES = 50000, PREPAID RENT = 1350, ACCOUNTS RECEIVABELS = 23750, MORTGAGE PAYABLE (DUE 2021) = 17500, UNEARNES REVENUE = 950, TEMPORARY INVESTMENT (TO BE SOLD WITHIN 3 MONTHS) = 6150, ACCUMULATED DEPRECIATION = 97500, RETAINED EARNINGS = 15940, SALARIES PAYABLE = 9500, LONG-TERM NOTES PAYABLE = 47500.

COMPUTE THE CURRENT ASSETS

Answer 1

Answer:

sorry this is too long question I don't able to give the answer so sorry