The data related to JK company is given below:Income tax payable$61,250$17,500Allowance for doubtful accountsAccounts payableInterest receivable$24,400$5,000$4,320$6,000Unearned revenueWages...

The data related to JK company is given below:

Income tax payable

$61,250

$17,500

Allowance for doubtful accounts

Accounts payable

Interest receivable

$24,400

$5,000

$4,320

$6,000

Unearned revenue

Wages payable

Notes payable

Accounts receivable

Discount on notes payable

a. $72,500

b. $67,500

c. $55,000

d. $59,320

$1,000

$67,500

$150

Among the given options, determine the current assets of JK company.

Nov 12, 2022

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