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How much are bond and associates current liabilities

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Bond and Associates has the following account balances listed in alphabetical order:

Accumulated Depreciation, $23,000;

Accounts Payable, $8500;

Accounts Receivable, $12,000;

Cash $3500;

Equipment, $44,000;

Land, $21,000;

Mortgage Payable, $45,000;

Prepaid Insurance, $7,500;

Supplies, $2,000;

Unearned revenue, 6,000;

Wages Payable, $4,500.

Question 1: How much are Bond and Associates' current liabilities?

Reference no: EM132484060

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