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Happy selling had the following accounts at year-end cash 250,000 accounts payable 70,000 prepaid expense 15,000

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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

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Current assets= Cash+ Prepaid expenses

Given,

Cash= 250,000

Prepaid expenses= 15,000

Put the values in the formula;

= 250000+ 15000

= 265000

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