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A list of financial statement items for Sheridan Company includes the following: accounts receivable $ 26,600: prepaid insurance $ 4,940: cash $ 19,760: supplies $
A list of financial statement items for Sheridan Company includes the following: accounts receivable $ 26,600: prepaid insurance $ 4,940: cash $ 19,760: supplies $ 7,220; and debt investments (short-term) $ 15,580. Prepare the current assets section of the balance sheet listing the items in the proper sequence. (List current assets in order of liquidity.) SHERIDAN COMPANY Partial Balance Sheet $ $
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