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Edit View History Bookmarks Window Help www-awhalekscom ALEKS: Gridi... Google Forms HELP WORKSHTINBCX REPORT OPTIONS Englis O ALEKS Gradebook-iCalendar Calculator Question #5 Phone net On December 31, Griffin Company has the following list of account balances. 5 60,800 32,700 13.900 52.300 2,400 86.000 02,000 68,500 110,200 21,800 $ 40,000 60,100 3,000 14,000 22,700 7,900 7.400 12,600 13,500 4,600 Accounts Payable cot Receivable Legal Expense Nole Payahle, due in two years Prepaid Rent Rent Expemse Sas Expeme Salaries Payable Sapplies Supplis Expese Accomulated Depreciation, Bailding dvertising Expense Bepinning Retained Earnings Huiding apital Slock Required: Compute the dollar amount of the total Current Liabilities as it would appear on the December 31 balance sheet. Dollar amount of Total Current Liabilitics Clear Undo Help Next > I dont know

Solution

Current Liabilities:

Accounts Payable = 60800

Salaries payable = 12600

Total amount of Current Liabilities = 60800+12600 = $73400