The account balances for Premera Blue Cross are listed below. All balances are as of December 31, 2023, except where noted otherwise. $5,500 9,600 Rent Expense Equipment 2,600 Furniture 1,200 Notes Payable (due 12/31/25) Accumulated Depreciation 2,000 109,750 1,000 52,800 3,500 9.500 3,000 2,000 Accounts Payable Accounts Receivable Wages Payable Prepaid Expenses Dividends Sales Revenue Notes Payable (due 4/30/24) Cost of Goods Sold Loss on Sale of Equipment Inventory Advertising Expense Insurance Expense Determine Total Current Assets as of December 31, 2023: $46,700 $190,750 $201,200 $45,500 $45,100 00000 Cash Common Stock Goodwill Retained Earnings (1/1/23) Marketable Equity Securities Depreciation Expense Unearned Revenue $6,000 82,500 22,000 35,000 10,450 26,000 20,000 50,000 14,150 400 10,450 4,200

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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The account balances for Premera Blue Cross are listed below. All balances are as of December 31, 2023, except where noted otherwise.
$5,500
9,600
Rent Expense
Equipment
2,600
Furniture
1,200
Notes Payable (due 12/31/25)
Accumulated Depreciation
2,000
109,750
Accounts Payable
Accounts Receivable
Wages Payable
Prepaid Expenses
Dividends
Sales Revenue
Notes Payable (due 4/30/24)
Cost of Goods Sold
Loss on Sale of Equipment
Inventory
Advertising Expense
Insurance Expense
Determine Total Current Assets as of December 31, 2023:
$46,700
$190,750
$201,200
$45,500
$45,100
00000
1,000
52,800
3,500
9.500
3,000
2,000
Cash
Common Stock
Goodwill
Retained Earnings (1/1/23)
Marketable Equity Securities
Depreciation Expense
Unearned Revenue
$6,000
82,500
22,000
35,000
10,450
26,000
20,000
50,000
14,150
400
10,450
4,200
Transcribed Image Text:The account balances for Premera Blue Cross are listed below. All balances are as of December 31, 2023, except where noted otherwise. $5,500 9,600 Rent Expense Equipment 2,600 Furniture 1,200 Notes Payable (due 12/31/25) Accumulated Depreciation 2,000 109,750 Accounts Payable Accounts Receivable Wages Payable Prepaid Expenses Dividends Sales Revenue Notes Payable (due 4/30/24) Cost of Goods Sold Loss on Sale of Equipment Inventory Advertising Expense Insurance Expense Determine Total Current Assets as of December 31, 2023: $46,700 $190,750 $201,200 $45,500 $45,100 00000 1,000 52,800 3,500 9.500 3,000 2,000 Cash Common Stock Goodwill Retained Earnings (1/1/23) Marketable Equity Securities Depreciation Expense Unearned Revenue $6,000 82,500 22,000 35,000 10,450 26,000 20,000 50,000 14,150 400 10,450 4,200
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