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A list of financial statement items for Pharoah Company includes the following: accounts receivable $18,200; prepaid insurance $3,380; cash $13,520; supplies $4,940; and debt investments
A list of financial statement items for Pharoah Company includes the following: accounts receivable $18,200; prepaid insurance $3,380; cash $13,520; supplies $4,940; and debt investments (short-term) $10,660. Prepare the current assets section of the balance sheet listing the items in the proper sequence. (List current assets in order of liquidity.) PHAROAH COMPANY Partial Balance Sheet
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