The following information is for Tamarisk Real Estate: Cash Prepaid Insurance Accounts Receivable Inventory Land Held for Investment Land Buildings Less Accumulated Depreciation Trademark Total Assets $101000 O $60500. O $15200. O $75700. O $159500. (20200) TamariskReal Estate Balance Sheet December 31, 2020 $ 24600 30300 51000 71300 83800 118100 80800 70400 $530300 Accounts Payable Salaries and Wages Payable Mortgage Payable Total Liabilities Owner's Capital Total Liabilities and Owner's Equity The total dollar amount of liabilities to be classified as current liabilities is $ 60500 15200 83800 159500 370800 $530300
The following information is for Tamarisk Real Estate: Cash Prepaid Insurance Accounts Receivable Inventory Land Held for Investment Land Buildings Less Accumulated Depreciation Trademark Total Assets $101000 O $60500. O $15200. O $75700. O $159500. (20200) TamariskReal Estate Balance Sheet December 31, 2020 $ 24600 30300 51000 71300 83800 118100 80800 70400 $530300 Accounts Payable Salaries and Wages Payable Mortgage Payable Total Liabilities Owner's Capital Total Liabilities and Owner's Equity The total dollar amount of liabilities to be classified as current liabilities is $ 60500 15200 83800 159500 370800 $530300
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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