Question: Partially correct answer icon Your answer is partially correct. Included in the December 31 trial balance of Windsor Company are the following assets. Cash $

Partially correct answer icon

Your answer is partially correct.

Included in the December 31 trial balance of Windsor Company are the following assets.

Cash

$ 266,000

Work in process

$280,000

Equipment (net)

1,540,000

Accounts Receivables (net)

560,000

Prepaid insurance

57,400

Patents

154,000

Raw materials

469,000

Finished goods

238,000

Prepare the current assets section of the December 31 balance sheet. (List Current Assets in order of liquidity.)

WINDSOR COMPANY Balance Sheet (Partial) choose the accounting period December 31For the Year Ended December 31For the Quarter Ended December 31

select an opening section name Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity

enter a balance sheet item

$enter a dollar amount

enter a balance sheet item

enter a dollar amount

select an opening subsection name

enter a balance sheet item

$enter a dollar amount

enter a balance sheet item

enter a dollar amount

enter a balance sheet item

enter a dollar amount

enter a subtotal of the three previous amounts

enter a balance sheet item

enter a dollar amount

select a closing section name Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity

$

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