Question: Receivables on the Balance Sheet Identify any errors in the following partial balance sheet. Napa Vino Company Balance Sheet December 31, 2016 Assets Current assets:

Receivables on the Balance Sheet Identify any errors in the following partial balance sheet. Napa Vino Company Balance Sheet December 31, 2016 Assets Current assets: Cash $78,500 $300,000 (4,500) 295,500 Notes receivable Interest receivable Notes receivable, net Accounts receivable Allowance for doubtful accounts Accounts receivable, net

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