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The Accounts and Balances Shown Below Were Gathered from Paynter

Question 37

Multiple Choice

The accounts and balances shown below were gathered from Paynter Corporation's trial balance on December 31, 2011. All adjusting entries have been made.
The accounts and balances shown below were gathered from Paynter Corporation's trial balance on December 31, 2011. All adjusting entries have been made. The amount that should be reported as current assets on Paynter Corporation's balance sheet is A) $151,300. B) $164,900. C) $217,300. D) $267,300.
The amount that should be reported as current assets on Paynter Corporation's balance sheet is


A) $151,300.
B) $164,900.
C) $217,300.
D) $267,300.

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