Use the information in the adjusted trial balance presented below to calculate current assets for  Jones Company

Use the information in the adjusted trial balance presented below to calculate current assets for Jones Company

Use the information in the adjusted trial balance presented below to calculate current assets for

Jones Company:

Account Title Dr. Cr.

Cash 23,000

Accounts receivable 16,000

Prepaid insurance 6,600

Equipment 100,000

Accumulated Depreciation Equipment 50,000

Land 95,000

Accounts payable 17,000

Interest payable 2,400

Unearned revenue 5,000

Long term notes payable 30,000

J. Jones, Capital 136,200

Totals 240,600 240,600

A. $21,200

B. $45,600

C. $24,400

D. $95,600

E. $41,200


Price: £ 45

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