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A list of financial statement items for Wildhorse Co. includes the following: accounts receivable $21,700, prepaid insurance $4,030, cash $16,120, supplies $5,890, and debt investments
A list of financial statement items for Wildhorse Co. includes the following: accounts receivable $21,700, prepaid insurance $4,030, cash $16,120, supplies $5,890, and debt investments (short-term) $12,710. Prepare the current assets section of the balance sheet listing the items in the proper sequence. (List current assets in order of liquidity.)
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