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melisa1 [442]
4 years ago
12

Sheridan Company's trial balance reflected the following account balances at December 31, 2017:

Business
1 answer:
zalisa [80]4 years ago
7 0

Answer:

$143,700

Explanation:

Current assets in Sheridan Company's trial balance are;

Accounts receivable (net) = $37,000

Trading securities = $11,500

Cash = $33,000

Inventory = $58,500

Prepaid expenses = $3,700

Total current assets = $37,000 + $11,500  + $33,000  + $58,500  + $3,700

                                 = $143,700

The right answer is not given as an option.

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