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Current Assets Dorothy Corporation had the following accounts in its year-end adjusted trial balance: Inventories, $23,800; Accounts Receivable, $8,000; Accounts Payable, $7,200; Prepaid Rent,
Current Assets Dorothy Corporation had the following accounts in its year-end adjusted trial balance: Inventories, $23,800; Accounts Receivable, $8,000; Accounts Payable, $7,200; Prepaid Rent, $2,400; Marketable Securities, $3,000; Allowance for Doubtful Accounts, $1,100; and Cash, $1,800. Prepare the current assets section of Dorothy's year-end balance sheet. Dorothy Corporation Partial Balance Sheet Current Assets Cash Allowance for doubtful accounts Accounts receivable Less: Allowance for doubtful accounts 1,100 Inventories 23,800 Prepaid rent 2,400 Total current assets
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