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The following is the Bravo Unlimited adjusted Trial Balance

The following is the Bravo Unlimited adjusted Trial Balance. Bravo Unlimited

Adjusted Trial Balance

December 31, 2016

Account Title

Debit

Credit

Cash

$88,450

 

Accounts Receivable

331,860

 

Supplies

11,255

 

Prepaid Rent

5,500

 

Equipment

295,285

 

Accumulated Depreciation

 

$236,260

Accounts Payable

 

72,555

Wages Payable

 

10,000

Capital Stock

 

220,000

Retained Earnings

 

111,145

Service Revenue

 

898,105

Interest Income

 

1,500

Rent Expense

66,000

 

Wages Expense

537,260

 

Supplies Expense

42,520  

 

Depreciation Expense

164,595  

 

Dividends

6,840

________

    Totals

$1,549,565

$1,549,565

What are the dollar values that will appear in Bravo Unlimited year end financial statements for the following line items: (For any Net Loss the dollar value must be enclosed in brackets and do not use a minus sign.)

1. Total Current Assets

2. Total Quick Assets

3. Total Current Liabilities

 
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