The following are the current month's balances for selected accounts of Basic Company. All accounts...

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Accounting

The following are the current month's balances for selected accounts of Basic Company. All accounts have normal balances.

Accounts Payable

Service Revenue

Cash

Expenses

Furniture

Accounts Receivable

Basic, Capital Notes Payable

$8.900

7,300

7,500

1,200

12,300

13.800

10.400

8.200

Calculate total assets for the current month

  • A. $34,800
  • B. $33,600
  • C. $21,300 D. $40,900

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