What is the total value of current assets for an accural basis company that has...
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What is the total value of current assets for an accural basis company that has the following? Checking account cash balance is $4,800; materials inventory for work-in-progress in $4,200; a pick-up truck that cost $12,460-paid with $2,460 in cash and a note for $10,000 - and is used 100% in the business; accounts receivable is $5,700; suppliers' accounts payable is $6,300; other accounts payable is $2,200, and quarterly income tax payment due is $1,180.
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