Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 14 Aug 2017 My Price 7.00

Keller Corp.

9.       (L.O. 2) The trial balance for Keller Corp. reflected the following account balances at December 31, 2014:

 

Cash

$33,000

Accounts receivable (net of allowance)

72,000

Trading securities

18,000

Prepaid expenses

6,000

Patent

12,000

Land held for future business site

54,000

Inventory

90,000

Office equipment (fax, copiers, computers)

75,000

Accumulated depreciation on office equipment

45,000

 

The current assets total at December 31, 2014 is:

 

a.

$219,000

b.

$231,000

c.

$261,000

d.

$303,000

 

Answers

Maurice Tutor
(5)
Status NEW Posted 14 Aug 2017 10:08 PM My Price 7.00

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