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The Balances of Select Accounts of Sandra Company as of December

Question 32

Multiple Choice

The balances of select accounts of Sandra Company as of December 31,2016 are given below:
The balances of select accounts of Sandra Company as of December 31,2016 are given below:   The insurance has been prepaid until June 30,2017.Determine the amount of total current assets reported on the balance sheet. A) $12,300 B) $5,700 C) $8,600 D) $6,300
The insurance has been prepaid until June 30,2017.Determine the amount of total current assets reported on the balance sheet.


A) $12,300
B) $5,700
C) $8,600
D) $6,300

Correct Answer:

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