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.
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.
Correct Answer:

Verified
Correct Answer:
Verified
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