Below is the T-account for Accounts Receivable: Accounts Receivable Debit Beginning 189, 400 Balance Credit 106, 800 64,090 18,190 5,590 14,890 19,390 Below is also a partial list of account balances at the end of the year: Cash Accounts Receivable Equipment Accounts Payable $ 28,190 Unknown 35,798 6,090 The amount of total current assets that will be reported on the company's balance sheet at the end of the year is:
Below is the T-account for Accounts Receivable: Accounts Receivable Debit Beginning 189, 400 Balance Credit 106, 800 64,090 18,190 5,590 14,890 19,390 Below is also a partial list of account balances at the end of the year: Cash Accounts Receivable Equipment Accounts Payable $ 28,190 Unknown 35,798 6,090 The amount of total current assets that will be reported on the company's balance sheet at the end of the year is:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Below is the T-account for Accounts Receivable:
Accounts Receivable
Debit
Credit
Beginning 189,400
Balance
106, 800
64,090
18,190
5,590
14,890
19,390
Below is also a partial list of account balances at the end of the year:
Cash
Accounts Receivable
Equipment
Accounts Payable
$ 28,190
Unknown
35,790
6,090
The amount of total current assets that will be reported on the company's balance sheet at the end of the year is:
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