Questions
SG30018E1 - Sage 300 2018 General Ledger Final Exam
Single choice
Referring to the Balance Sheet printed in Step 22 of the Practical Exam, what is the amount shown for Total current liabilities?
Options
A.109,699.75
B.27,800.00
C.29,800.00
D.188,049.75
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Step-by-Step Analysis
We are asked to identify the amount shown for Total current liabilities on the Balance Sheet referenced in Step 22 of the Practical Exam.
Option 1: 109,699.75. This value is unlikely to be Total current liabilities because current liabilities are typically settled within a year and the figure 109,699.75 is relatively large for a current-liability line in many sample Balance Sheets; it could instead ref......Login to view full explanationLog in for full answers
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