Compute the Dollar Amount of Current Assets Based on the Following

question 60

Essay

Compute the dollar amount of current assets based on the following account balances. $\begin{array} { l r } \text { Accounts Receivable } & \$ 22,000 \\\text { Accumulated Depreciation-Equipment } & 27,000 \\\text { Cash } & 8,400 \\\text { Equipment } & 93,000 \\\text { Prepaid Rent } & 7,000 \\\text { Short-term Investments } & 15,000\end{array}$

---

Definitions:

Penile-vaginal Intercourse

A sexual act involving the insertion of the penis into the vagina.

Oral-genital Sex

Sexual activities that involve the stimulation of the genitalia by using the mouth, lips, and tongue.

Hepatitis A

An extremely infectious disease affecting the liver, resulting from the hepatitis A virus, commonly spread by consuming food or water that is contaminated.

Hepatitis B

A potentially life-threatening liver infection caused by the hepatitis B virus (HBV).