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Compute what total current assets are

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The following accounts were taken from the Adjusted Trial Balance columns of the work sheet:

Land 62,400

Service Revenue 77,000

Rent Expense 1,000

Insurance Expense 500

Prepaid Insurance 3,100

Supplies 1,200

Equipment 7,000

Problem 1: Total Current Assets are:

Option 1: $13,500

Option 2: $5,700

Option 3: $4,300

Option 4: $6,200 (wrong)

Reference no: EM132665232

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