cierrah7831 cierrah7831

16-06-2021
Business

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A list of financial statement items for Sunland Company includes the following: accounts receivable $19,600; prepaid insurance $3,640; cash $14,560; supplies $5,320; and debt investments (short-term) $11,480.

Required:
Prepare the current assets section of the balance sheet listing the items in the proper sequence.

Respuesta :

ayokenny2001 ayokenny2001

18-06-2021

Answer:

See below

Explanation:

Preparation of current asset section in the balance sheet

Cash

$14,560

Supplies

$5,320

Prepaid insurance

$3,640

Account receivables

$19,600

Total current asset

$43,120

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