Tosh Enterprises reported the following account information: | |
---|---|
Accounts receivable | $400,000 |
Accounts payable | $260,000 |
Bonds payable, due in 10 years | $600,000 |
Cash | $200,000 |
Interest payable, due in 3 months | $20,000 |
Inventory | $800,000 |
Land | $500,000 |
Short-term prepaid expense | $80,000 |