MC Qu. 153 Based on the following information...
Based on the following information, determine the current assets, assuming all accounts have a normal balance?| Cash | $6,914 | Dividends | $3,600 |
| Accounts receivable | 15,333 | Consulting fees earned | 15,318 |
| Office supplies | 2,785 | Rent expense | 3,833 |
| Land | 38,753 | Salaries expense | 6,802 |
| Office equipment | 16,135 | Telephone expense | 720 |
| Accounts payable | 6,623 | Miscellaneous expense | 440 |
| Common stock | 56,090 | Retained Earnings | ? |
| $41,167 | |
 | $79,920 |
| $63,785 | |
| $62,713 | |
| → | $25,032 |
$6,914 + $15,333 + $2,785 = $25,032
