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10. In its December 31, 2025, balance sheet Oakley Corporation reported as an asset, Net notes and accounts receivable, $7,100,000. What other disclosures are necessary?

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10. In its December 31, 2025, balance sheet Oakley Corporation reported as an asset, "Net notes and accounts receivable, $7,100,000." What other disclosures are necessary? 11. Should available-for-sale securities always be reported as a current asset? Explain. 12. What is the relationship between current assets and current liabilities? 13. The New York Knicks, Inc. sold 10,000 season tickets at \$2,000 each. By December 31,2025.16 of the 40 home games had been played. What amount should be reported as a current liability at December 31,2025

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