Connar Company reports the following accounts and balances at year end: What is the total amount of current assets at the end of the year?
A)$83,000
B)$111,000
C)$129,000
D)$141,000

Name: Connar Company reports the following accounts and balances at year end: What is the total amount of current assets at the end of the year? A)$83,000 B)$111,000 C)$129,000 D)$141,000
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Connar Company reports the following accounts and balances at year end:  What is the total amount of current assets at the end of the year?
A)$83,000 
B)$111,000 
C)$129,000 
D)$141,000

Quizplus · Accepted Answer

Cash and Cash Equivalents $83,000 + Short-term Investments $9,000 + Accounts Receivable $28,000 + Supplies $9,000 = $129,000

Connar Company Reports the Following Accounts and Balances at Year