The Pioneer Company has provided the following account balances: Cash $38,500; Short-term investments $4,500; Accounts receivable $6,500; Supplies $50,500; Long-term notes receivable $2,500; Equipment $98,500; Factory Building $185,000; Intangible assets $6,500; Accounts payable $29,500; Accrued liabilities payable $3,750; Short-term notes payable $15,000; Long-term notes payable $94,500; Common stock $185,000; Retained earnings $64,750. What are Pioneer's total current liabilities?
The Pioneer Company has provided the following account balances: Cash $38,500; Short-term investments $4,500; Accounts receivable $6,500; Supplies $50,500; Long-term notes receivable $2,500; Equipment $98,500; Factory Building $185,000; Intangible assets $6,500; Accounts payable $29,500; Accrued liabilities payable $3,750; Short-term notes payable $15,000; Long-term notes payable $94,500; Common stock $185,000; Retained earnings $64,750. What are Pioneer's total current liabilities?
Chapter16: Statement Of Cash Flows
Section: Chapter Questions
Problem 1PA: Provide journal entries to record each of the following transactions. For each, also identify *the...
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The Pioneer Company has provided the following account balances:
Cash $38,500;
Short-term investments $4,500;
Accounts receivable $6,500;
Supplies $50,500;
Long-term notes receivable $2,500;
Equipment $98,500;
Factory Building $185,000;
Intangible assets $6,500;
Accounts payable $29,500;
Accrued liabilities payable $3,750;
Short-term notes payable $15,000;
Long-term notes payable $94,500;
Common stock $185,000;
What are Pioneer's total current liabilities?
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