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What are total current liabilities

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Reference no: EM132251951

Question - The following accounts were included on Retail Consultants adjusted trial balance at December 31, 2020:

Accounts payable $9,800

Accounts receivable 13,000

Cash 5,500

Owner's Capital 40,000

Owner's Drawings 10,000

Interest expense 3,000

Note payable, due 8/31/23 65,000

Supplies 1,500

Service revenue 37,000

Equipment 5,000

What are total current assets?

What are total current liabilities?

Reference no: EM132251951

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