Table 4-6 Selected Accounting Data as at December 31, 2019
Question 84
Question 84
Multiple Choice
Table 4-6 Selected accounting data as at December 31, 2019 for Martineau Delivery follows: Cash Accounts payable Accounts receivable Salary payable Supplies Unearned revenue Prepaid rent Mortgage payable (due 2023 ) Equipment C. Lexus, Capital Accum. amort. -equipment Service revenue Salary expense Accum. amort. -furniture Fumiture $25,00033,00034,0007,5006,60016,5004,00048,00052,00010,00012,00069,00031,0006,00049,400 -Referring to Table 4-6, the current assets and total assets are:
A) $69,600 and $153,000 respectively. B) $65,600 and $153,000 respectively. C) $65,600 and $79,400 respectively. D) $69,600 and $77,400 respectively.
Correct Answer:
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