On June 12, Carpenter Printing printed $18192 in magazines for the Pierre Company. The magazines were delivered on June
Posted: Tue Jul 05, 2022 11:23 am
On June 12, Carpenter Printing printed $18192 in magazines forthe Pierre Company. The magazines were delivered on June 15, alongwith an invoice for $6290 due July 15. Per the contract negotiatedby the Pierre Company with Carpenter Printing, $5255 will beinvoiced in July and will be due August 15; the remainder will beinvoiced in August and will be due September 15. On June 18, CecilAdvertising Agency signed a contract with Carpenter Printing toprint advertisements, paying $24209 in advance. $11206 inadvertisements are contracted to be printed in June and $33683 inadvertisements are contracted to be printed in July. On June 30,$13090 of advertisements were printed and delivered to CecilAdvertising. On June 30, $2292 of the $16291 in supplies remainingon May 31 have not been used. Based on these transactions alone,what are the Total Current Assets on the Balance Sheet on June30?