FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Transcribed Image Text:E
O
$63,900.
$29,200.
$37,200.
$204,100.
$42,600.
83
Transcribed Image Text:Use the information in the adjusted trial balance presented below to calculate total current liabilities for Taron Company:
Account Title
Cash
Accounts receivable
Prepaid insurance
Equipment
Accumulated depreciation-Equipment
Land
Accounts payable (due in 1 week)
Interest payable (due in 1 month)
Unearned revenue (service to be provided in 2 months)
Long-term notes payable
Z. Taron, Capital
Totals
Multiple Choice
O
O
O
$63,900.
$29,200.
$37,200.
Debit
$ 27,000
20,000
8,100
104,000
99,000
$ 258,100
Credit
$ 54,000
21,000
2,800
5,400
34,700
140,200
$ 258,100
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