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2. Information: Prepaid insurance Accrued salaries Petty cash Investment in trading securities Total current assets Cash Inventory, at sales value (cost= $1,500) Unearned rent Allowance

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2. Information: Prepaid insurance Accrued salaries Petty cash Investment in trading securities Total current assets Cash Inventory, at sales value (cost= $1,500) Unearned rent Allowance for bad debts Office supplies Accounts receivable Required: $ 200 150 ? 1,200 4,560 600 2,100 40 150 110 800 Prepare the current asset section of the balance sheet

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