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10) Hendrickson Corporation's trial balance for July 31, the end of its fiscal year, included the following accounts: Accounts Receivable Inventories Copyright Investments Prepaid Insurance

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10) Hendrickson Corporation's trial balance for July 31, the end of its fiscal year, included the following accounts: Accounts Receivable Inventories Copyright Investments Prepaid Insurance Note receivable, due in two years Cash in Bank $21,000 57,000 18,000 41,000 + 6,000 74,000 4,500 V Investments are treasury bills that were purchased in May and mature on August 15. Prepaid insurance is a three-year policy that was purchased on July 31

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