Included in the December 31 trial balance of Rivera Company are the following assets. Cash $ 190,000

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

Cash $ 190,000 Work in process $200,000

Equipment (net) 1,100,000 Receivables (net) 400,000

Prepaid insurance 41,000 Patents 110,000

Raw materials 335,000 Finished goods 170,000

Prepare the current assets section of the December 31 balance sheet.

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Intermediate Accounting

ISBN: 978-0470423684

13th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield

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Question Posted: Feb 17, 2011 04:41 AM

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Included in the December 31 trial balance of Rivera Company are the following assets. Cash $ 190,000

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Current assets Cash Receivables net Inventories ...View the full answer

Intermediate Accounting

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