Question - The following information is taken from the records of Ginger Corporation:
Accounts Payable$19,000
Short-Term Investment$12,000
Land$52,000
Cash$23,000
Factory Equipment$29,000
Loans Payable$30,000
Office Furniture$18,000
Prepaid Expense$9,000
Unearned Revenue$6,000
Do not enter dollar signs or commas in the input boxes.
Required -
a) Calculate total current assets.
b) Calculate total long-term assets.
c) Calculate total assets.