Janson Corporation Co.'s trial balance included the following account balances at December 31, 2018: What amount should be included in the current liabilities section of Janson's December 31, 2018, balance sheet?

Name: Janson Corporation Co.'s trial balance included the following account balances at December 31, 2018: What amount should be included in the current liabilities section of Janson's December 31, 2018, balance sheet?
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Question

Janson Corporation Co.'s trial balance included the following account balances at December 31, 2018:  What amount should be included in the current liabilities section of Janson's December 31, 2018, balance sheet?

Quizplus · Accepted Answer

$25,000 + 16,000 + 20,000 = $61,000.