The following is a list of accounts taken from Jim's Uniforms: Accounts receivable 18,000 Sales Inventory

Question:

The following is a list of accounts taken from Jim's Uniforms:

Accounts receivable …………………………………          18,000

Sales Inventory ………………………………………               3,150

Accounts payable …………………………………….            4,620

Cash …………………………………………………..                   7,330

Prepaid insurance ……………………………………..           2,800

Equipment Short-term investments ………………     13,500


Required

Prepare the current asset section of Jim's balance sheet. Make sure to list the accounts in the proper sequence.

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Related Book For  book-img-for-question

Financial ACCT2

ISBN: 978-1111530761

2nd edition

Authors: Norman H. Godwin, C. Wayne Alderman

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