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Compute kline total current assets

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Reference no: EM132787780

The December 31 2021 pre closing adjusted trial balance for Kline enterprise was as follows:

Acc payable 99,000

Acc Rec 179,000

Accum Depreciation-equipment 269,000

common stock 499,00

cash 35,000

COGS 489,000

depreciation expense 69,000

Equipement 718000

Interest expense 6000

inventory 159000

note payable due in 6 months 69000

rent expenses 39000

retainend earnings 73000

salaries payable 17000

sales revenue 797000

salaries expenses 129000

Totals Deb: 1,823,000. Cr 1,823,000

Problem 1: Compute Kline's 12/31/2021 total current assets

Reference no: EM132787780

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