The total amount of current liabilities to be reported on xyz company's 12/31/x1 classified balance sheet is a. $22,600.
What are xyz company's current liabilities?
The current liabilities to XYZ companies are the total sum of all the current liability amounts that are given in the balance sheet.
These include:
- Accounts Payable
- Salaries Payable
- Interest Payable
- Utilities Payable
The total current liabilities are therefore:
= Accounts Payable + Salaries Payable + Interest Payable + Utilities Payable
= 11,300 + 2,500 + 1,900 + 6,900
= $22,600
Find out more on current liabilities at https://brainly.com/question/17367380
#SPJ1
