The accounts and balances shown below were gathered from Paynter Corporation's trial balance on December 31, 2011. All adjusting entries have been made.

See information for Paynter Corporation above. Paynter Corporation's working capital is
A) $62,500.
B) $73,100.
C) $77,700.
D) $125,700.

Question

The accounts and balances shown below were gathered from Paynter Corporation's trial balance on December 31, 2011. All adjusting entries have been made.

See information for Paynter Corporation above. Paynter Corporation's working capital is
A) $62,500. 
B) $73,100. 
C) $77,700. 
D) $125,700.

Quizplus · Accepted Answer

The Answer of The accounts and balances shown below were gathered from Paynter Corporation's trial balance on December 31, 2011. All adjusting entries have been made.

See information for Paynter Corporation above. Paynter Corporation's working capital is
A) $62,500. 
B) $73,100. 
C) $77,700. 
D) $125,700.

The Accounts and Balances Shown Below Were Gathered from Paynter