In alphabetical order below are current asset items for Roland Companys balance sheet at December 31, 2017.

Question:

In alphabetical order below are current asset items for Roland Company’s at December 31, 2017. Prepare the current assets section (including a complete heading). $200,000
Cash .......... 62,000
Finished goods ...... 91,000
Prepaid expenses ...... 38,000
Raw materials ........ 83,000
Work in process ..... 87,000

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...