@ Block CBUS 302 Book D TE 301 5-9 (Part Level Submission) The current assets and current liabilities sections of the balance sheet of Splish appear as follows BALANCE SHEET (PARTIAL) DECEMBER 31, 2017 Accounts receivable $ 46,100 $95,900 Notes payable Less: Allowance for doubtful accounts Inventory Prepaid expenses 67,760 8,850 87,05 $124,320 163,710 9,840 1. January 2018 cash entered as of December 2017 included payments of accounts payable in the 2. The inventory included $31,250 of m 3. Sales for the first four days in January 2018 in the amount 4. Cash, not including cash amount of S39.900, on which a cash discount of 2% was taken. n received at December 31 but for which no purchase invoices had been received or entered. Of this amount, $12,200 had been of $28,630 were entered in the sales journal as of December 31, 2017. Of these, $23,360 were sales on account and the remainder collected in January 2018 and entered as of December 31, 2017, totaled s3s,030. or this amount, $23,030 was received on account after cash dscounts or 2s were cash sales. entered in the had been deducted 4404