35-36: (Page 448) Now assume that B. Brown later pays the $3,000 on December 10 even though we had written it off on June 1. Write the 2 required entries. __Adjusted Entry___ _$3,000___ ___Adjusted Balance______ ___$3,000_

Part 5: (8 points) Use this information I am giving you to complete the Current Assets' Section of a Balance Sheet for Mel's Diner on December 31, 2022.An example is in Module 3 (Lecture 3) Lecture Notes found under Module 3 Required Resources. Remember the questions at the start of this assignment also came from the Lecture Notes. There are 2 examples in the Lecture Notes. Please use the first one. The information: Cash = $1,000

Petty Cash = $25

Accounts Receivable = $2,000

Allowance for Doubtful Accounts = $100. (You compute Net Accounts Receivable (Accounts Receivable - Allowance for Doubtful Accounts)

Notes Receivable = $3,000

Supplies = $500 Prepaid Insurance = $225.

Inventory = $5,000

You compute the total current assets. Please use any 2 or 3-column paper.