The following financial information is from bronco company


Question - The following financial information is from Bronco Company. All debt is due within one year unless stated otherwise.

Retained Earnings $52,000

Supplies 37,000

Equipment 72,000

Accounts Receivable 8,600

Deferred Revenue 6,000

Accounts Payable 15,000

Common Stock 25,000

Notes Payable (due in 18 months) 35,000

Interest Payable 7,000

Cash 22,400

What is the amount of current liabilities?

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Accounting Basics: The following financial information is from bronco company
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