Below is the T-account for Accounts Receivable:
Accounts Receivable
Debit
Credit
Beginning
187,500
Balance
104,900
18,000
63,900
5,400
14,700
19,200
Below is also a partial list of account balances at the end of the year:
Cash
$28,000
Accounts
Receivable
Unknown
Equipment
35,600
Accounts Payable
5,900
The amount of total current assets that will be reported on the company's balance
sheet at the end of the year is: