Included in the December 31 trial balance of Sheridan Company are the following assets. Cash $197,000 Work
Fantastic news! We've Found the answer you've been seeking!
Question:
Included in the December 31 trial balance of Sheridan Company are the following assets.
Cash $197,000 Work in process $207,000
Equipment (net) 1,030,000 Receivables (net) 470,000
Prepaid insurance 44,500 Patents 96,000
Raw materials 349,000 Finished goods 184,000
Prepare the current assets section of the December 31 balance sheet.
Related Book For
Intermediate Accounting principles and analysis
ISBN: 978-0471737933
2nd Edition
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
Posted Date: