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The Accounts and Balances Shown Below Were Gathered from Paynter

Question 24

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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.   See information for Paynter Corporation above. The amount that should be reported as current liabilities on Paynter Corporation's balance sheet is A)  $87,200. B)  $91,800. C)  $73,200. D)  $238,800.
See information for Paynter Corporation above. The amount that should be reported as current liabilities on Paynter Corporation's balance sheet is


A) $87,200.
B) $91,800.
C) $73,200.
D) $238,800.

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