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Homework answers / question archive / Happy selling had the following accounts at year-end cash 250,000 accounts payable 70,000 prepaid expense 15,000
Happy selling had the following accounts at year-end cash 250,000 accounts payable 70,000 prepaid expense 15,000.compute for the company's current asset
Current assets= Cash+ Prepaid expenses
Given,
Cash= 250,000
Prepaid expenses= 15,000
Put the values in the formula;
= 250000+ 15000
= 265000