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Use the information in the adjusted trial balance presented below to calculate t...
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Use the information in the adjusted trial balance presented below to calculate total current liabilities for Taron Company:
| Account Title | Debit | Credit |
|---|---|---|
| Cash | $ 27,000 | |
| Accounts receivable | 20,000 | |
| Prepaid insurance | 8,100 | |
| Equipment | 104,000 | |
| Accumulated depreciation—Equipment | $ 54,000 | |
| Land | 99,000 | |
| Accounts payable (due in 1 week) | 21,000 | |
| Interest payable (due in 1 month) | 2,800 | |
| Unearned revenue (service to be provided in 2 months) | 5,400 | |
| Long-term notes payable | 34,700 | |
| Z. Taron, Capital | 140,200 | |
| Totals | $ 258,100 | $ 258,100 |
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