What is Juana's Delivé 2. At the end of the first month of operations for Juana's Delivery Service, the business had the following accounts: Accounts Receivable, Php1,200; Prepaid Insurance, Php500;...

Extracted text: What is Juana's Delivé 2. At the end of the first month of operations for Juana's Delivery Service, the business had the following accounts: Accounts Receivable, Php1,200; Prepaid Insurance, Php500; Equipment, Php36,200 and Cash, Php40,650. On the same date, Juana owed the following creditors: Nena's Supply Company, Php12,000 (due in 6 months); Maria's Equipment, Php9,500 (due after 2 years). What is Juana's Delivery Service' total current liabilities? (Topic: Identifying current liabilities)