Compute the dollar amount of current assets based on the following account balances. $\begin{array} { l r }
\text { Accounts Receivable } & \$ 22,000 \
\text { Accumulated Depreciation-Equipment } & 27,000 \
\text { Cash } & 8,400 \
\text { Equipment } & 93,000 \
\text { Prepaid Rent } & 7,000 \
\text { Short-term Investments } & 15,000
\end{array}$

Question

Compute the dollar amount of current assets based on the following account balances. $\begin{array} { l r } 
\text { Accounts Receivable } & \$ 22,000 \
\text { Accumulated Depreciation-Equipment } & 27,000 \
\text { Cash } & 8,400 \
\text { Equipment } & 93,000 \
\text { Prepaid Rent } & 7,000 \
\text { Short-term Investments } & 15,000
\end{array}$

Quizplus · Accepted Answer

The Answer of Compute the dollar amount of current assets based on the following account balances. $\begin{array} { l r } 
\text { Accounts Receivable } & \$ 22,000 \
\text { Accumulated Depreciation-Equipment } & 27,000 \
\text { Cash } & 8,400 \
\text { Equipment } & 93,000 \
\text { Prepaid Rent } & 7,000 \
\text { Short-term Investments } & 15,000
\end{array}$

Compute the Dollar Amount of Current Assets Based on the Following