Business, 17.02.2020 16:59, bakerj5203
Use the information in the adjusted trial balance presented below to calculate current assets for Wicked Wicker Company:
Account Title Dr. Cr.
Cash $ 26,000
Accounts receivable 17,000
Prepaid insurance 7,000
Equipment 110,000
Accumulated depreciation—
Equipment $ 55,000
Land 96,000
Accounts payable 18,000
Interest payable 2,650
Unearned revenue 5,300
Long-term notes payable 33,000
Retained earnings 142,050
Totals $ 256,000 $ 256,000
Answers: 3
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