The Balances of Select Accounts of Sandra Company as of December

question 35

Multiple Choice

The balances of select accounts of Sandra Company as of December 31,2016 are given below:

The insurance has been prepaid until June 30,2017.Determine the amount of total current assets reported on the balance sheet.

• A)$12,300
• B)$5,700
• C)$8,600
• D)$6,300

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Definitions:

Bladder

A muscular sac in the pelvis, in which urine is stored before disposal by urination.

Voided

Emptied or evacuated, often used in medical contexts to refer to the expulsion of waste fluid from the body.

Nephron

The structural and functional unit of the kidney.

Kidney

A pair of organs in the urinary system that filter waste products from the blood and excrete them in urine.