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58. Electrelane Company showed the following balances at the end of its first year:How much...

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Accounting

$58 .$ Electrelane Company showed the following balances at the end of its first year:How much are the company's total current assets $?$ a $)$ $ $8, 500$ b $)$ $ $7, 500$ c $)$ $ $5, 000$ d $)$ $ $23, 500$ ction $-$ SCash$ $2, 000$ Prepaid insurance $3, 500$ Accounts payable $2, 500$ Accounts receivable $2, 000$ Notes payable $3, 000$ Furniture $1, 000$ Dividends $500$ Accrued liabilities $16, 000$ Expenses $12, 500$

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