Question

Happy Selling's Accounts Receivable amounted to Php 500,000. Prepaid
Expense and Unearned Income totaled Php 30,000 and Php 10,000
respectively. Cash balance amounted to Php 100,000 while Accounts Payable
and Inventory totaled to Php 20,000 and Php 10,000 respectively. How much
is the company's current assets? Current liabilities?​

Answer 1

Answer:

do the p& l ac and then balancing all the amount