1:Please, Prepare the current asset section of the balance sheet, listing the account in proper sequence 2: Discuss why some the accounts mentioned above are not reported under current asset.

Please, Do Numerical. I will greatly appreciate this.

Please, solve about mentioned question in numerical, if still no picture please let me know.

Q3: Duggan Corporation has the following accounts included in December 2014 balance Accounts Receivable 5110,000, Inventory S290,000, Allowance for Dec 58.000; Patents 572,000; Prepaid Insurance 59,500, Accounts Payable ST1000 Advance $10.000: Trading Securities comprising of T-hill and commercial per 5.000 maturity up 60 days and 90 days respectively. Stock investment $25.000 with company to sell it after 6 months: Cash specified for charity $30,000: Deferred taxes 35.000Lietoa $60.000 Requirement 1. Prepare the current assets section of the balance sheet, listing the accounts in proper sequence (03) 2. Discuss, why some of the accounts mention above are not reported under current assets ? (1)