The balances of select accounts of Sandra Company as at December 31, 2015

The balances of select accounts of Sandra Company as at December 31, 2015

The
balances of select accounts of Sandra Company as at December 31, 2015 are given
below:


Debit

Credit

Building

$120,000


Cash



Office
Supplies



Furniture

3,000


Prepaid
Insurance



Accumulated
Depreciation—Furniture


$1,000

Land

35,000


Accumulated
Depreciation—Building


4,800

Accounts
Receivable



The
insurance has been prepaid for the next half year. What are the total current
assets that would be shown on the balance sheet?


Price: £ 45

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