Question: List any errors you can find in the following partial balance sheet: Napa Vino Company Balance Sheet December 31, 20Y6 Assets Current assets: 78,500 Cash
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Napa Vino Company Balance Sheet December 31, 20Y6 Assets Current assets: 78,500 Cash Notes receivable Interest receivable 300,000 (4,500) Notes receivable, net Accounts receivable Allowance for doubtful accounts 295,500 $1,200,000 11,500 Accounts receivable, net 1,211,500
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