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Table 4-6
Selected Accounting Data as at December 31, 2019

Question 104

Multiple Choice

Table 4-6
Selected accounting data as at December 31, 2019 for Martineau Delivery follows:  Cash $25,000 Accounts payable 33,000 Accounts receivable 34,000 Salary payable 7,500 Supplies 6,600 Unearned revenue 16,500 Prepaid rent 4,000 Mortgage payable (due 2023 )  48,000 Equipment 52,000 C. Lexus, Capital 10,000 Accum. amort. -equipment 12,000 Service revenue 69,000 Salary expense 31,000 Accum. amort. -furniture 6,000 Fumiture 49,400\begin{array} { | l | r | } \hline \text { Cash } & \$ 25,000 \\\hline \text { Accounts payable } & 33,000 \\\hline \text { Accounts receivable } & 34,000 \\\hline \text { Salary payable } & 7,500 \\\hline \text { Supplies } & 6,600 \\\hline \text { Unearned revenue } & 16,500 \\\hline \text { Prepaid rent } & 4,000 \\\hline \text { Mortgage payable (due } 2023 \text { ) } & 48,000 \\\hline \text { Equipment } & 52,000 \\\hline \text { C. Lexus, Capital } & 10,000 \\\hline \text { Accum. amort. -equipment } & 12,000 \\\hline \text { Service revenue } & 69,000 \\\hline \text { Salary expense } & 31,000 \\\hline \text { Accum. amort. -furniture } & 6,000 \\\hline \text { Fumiture } & 49,400 \\\hline\end{array}
-Referring to Table 4-6, the current assets and total assets are:


A) $69,600 and $153,000 respectively.
B) $65,600 and $153,000 respectively.
C) $65,600 and $79,400 respectively.
D) $69,600 and $77,400 respectively.

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