Question: Brief Exercise 5-2 Waterway Corporation's adjusted trial balance contained the following asset accounts at December 31, 2020: Cash $7,920, Land 547,300, Patents $17.400, Accounts Receivable

Brief Exercise 5-2 Waterway Corporation's adjusted trial balance contained the following asset accounts at December 31, 2020: Cash $7,920, Land 547,300, Patents $17.400, Accounts Receivable $96,070, Prepaid Insurance $5,330, Inventory $41,700, Allowance for Doubtful Accounts $4,130, and Equity Investments to be sold in the next Quarter) 512,830 Prepare the current assets section of the balance sheet. (Lise Current Assets in order of Nquidity) WATERWAY CORPORATION Balance Sheet (Partial)

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