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Concord NV has the following accounts included in its December 31,2022 , trial balance: Accounts Receivable 96,800, Inventory 255,200, Allowance for Doubtful Accounts 7,040, Patents
Concord NV has the following accounts included in its December 31,2022 , trial balance: Accounts Receivable 96,800, Inventory 255,200, Allowance for Doubtful Accounts 7,040, Patents 63,360, Prepaid Insurance 8,360, Accounts Payable 67,760, and Cash 26,400. Prepare the current assets section of the statement of financial position. (List Current Assets in reverse order of liquidity)
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