An analysis of Suter Co’s liabilities disclosed the following; Accounts payable after deducting debit balances in suppliers’ accounts amounting to 4,500 (accounts payable included nontrade liabilities of 6,500) 21,000 Accrued expenses 3,000 Credit balances of customer’s accounts 2,700 Stock dividends payable 14,000 Claims for increase in wages and allowances by employees of the company Covered in a pending lawsuit 25,000 Estimated expenses in redeeming price coupons presented by customers 12,000 How much is the total current liabilities to be presented on the balance sheet?
An analysis of Suter Co’s liabilities disclosed the following;
Accounts payable after deducting debit balances in suppliers’ accounts amounting
to 4,500 (accounts payable included nontrade liabilities of 6,500) 21,000
Accrued expenses 3,000
Credit balances of customer’s accounts 2,700
Stock dividends payable 14,000
Claims for increase in wages and allowances by employees of the company
Covered in a pending lawsuit 25,000
Estimated expenses in redeeming price coupons presented by customers 12,000
How much is the total current liabilities to be presented on the
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