uecoude al of the tollowing except: 10) A) Prepaid Insurance. B) Accounts Receiv

Question

uecoude al of the tollowing except: 10) A) Prepaid Insurance. B) Accounts Receivable. C) Accumulated Depreciation-Equipment. D) Unearned Revenue. E) Depreciation Expense-Equipment. 11) Use the information in the adjusted trial balance presented below to calculate current assets for Taron Company ccount Title Cash Accounts receivable Prepaid insurance Equipment Accumulated Depreciation-Equipment Land Accounts payable Dr 23,000 16,000 6,600 100,000 Cr. 50,000 95,000 17,000 2,400 5,00 30,000 136,200 240,600 Interest payable Unearned revenue Long-term notes payable Z. Taron, Capital Totals 240,600 B) $45,600. C) $41,200. D) $95,600. E) $24,400. A) $21,200.

Explanation / Answer

Answer is B

Cash 23000 Accounts Receivable 16000 Prepaid Insurance 6600 Total current assets 45600

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