Use the information in the adjusted trial balance presented below to calculate current assets for Taron Company:Account TitleDr CrCash$23,000 Accounts receivable 16,000 Prepaid insurance 6,600 Equipment 100,000 Accumulated depreciation-Equipment $50,000 Land 95,000 Accounts payable 17,000 Interest payable 2,400 Unearned revenue 5,000 Long-term notes payable 30,000 Z. Taron, Capital 136,200 Totals$240,600 $240,600
A. $45,600.
B. $41,200.
C. $95,600.
D. $21,200.
E. $24,400.
Answer: A
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