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Concord Company shows a balance of $235,520 in the Accounts Receivable account on December 31, 2020. The balance consists of the following Installment accounts due

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Concord Company shows a balance of $235,520 in the Accounts Receivable account on December 31, 2020. The balance consists of the following Installment accounts due in 2021 Installment accounts due after 2021 Overpayments to vendors Due from regular customers, of which $40,250 represents accounts pledged as security for a bank loan Advances to employees Advance to subsidiary company (due in 2021) $26,300 34,300 2.770 87,200 2,350 82,600 Illustrate how the information above should be shown on the balance sheet of Concord Company on December 31, 2020. Assume that installment accounts collectible due after December 31, 2018 (Customers) are collectible within the operating cycle of the business. The company's operating cycle is such that all installment receivables are classified as current. CONCORD COMPANY Balance Sheet (Partial)

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