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Apollo Corporation reported the following selected accounts and amounts at November 30, 2015: Given this information I need to create the current assets section on
Apollo Corporation reported the following selected accounts and amounts at November 30, 2015: Given this information I need to create the current assets section on a statement of financial position
Accounts payable | $ 17,200 | ||
Accounts receivable | 13,800 | ||
Advances to employees | 2,200 | ||
Allowance for doubtful accounts | 1,000 | ||
Allowance for doubtful notes (current) | 3,800 | ||
Bad debts expense | 1,500 | ||
Cash | 5,700 | ||
Interest expense | 1,800 | ||
Interest revenue | 4,600 | ||
Merchandise inventory | 20,100 | ||
Notes receivable (current) | 19,000 | ||
Notes receivable (non-current) | 57,000 | ||
Prepaid insurance | 1,100 | ||
Sales | 281,200 | ||
Sales discounts | 900 | ||
Sales tax recoverable | 2,400 |
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