The following information is for Swifty Real Estate: SwiftyReal Estate Balance Sheet December 31, 2020 Cash $ 25500 Accounts Payable $ 60500 Prepaid Insurance 29700 Salaries and Wages Payable 15100...


The following information is for Swifty Real Estate:

























































































































SwiftyReal Estate
Balance Sheet
December 31, 2020



Cash


$  25500


Accounts Payable


$  60500


Prepaid Insurance


29700


Salaries and Wages Payable


15100


Accounts Receivable


50600


Mortgage Payable


84500


Inventory


68600


      Total Liabilities


160100


Land Held for Investment


83500


Land


120600


Buildings


$98100


      Less Accumulated
            Depreciation


Owner's Capital


366400


(19600)


78500


Trademark


69500


      Total Liabilities and
         Owner’s Equity


Total Assets


$526500


$526500





The total dollar amount of liabilities to be classified as current liabilities is



$160100.

$15100.

$60500.

$75600.



Jun 03, 2022
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