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Current Assets Listed here are certain accounts of Jenkins Company at the end of 2016: Account Debt (Credit) Land $12,000 Prepaid Insurance 1,530 Cash on

Current Assets Listed here are certain accounts of Jenkins Company at the end of 2016:

Account Debt (Credit)

Land $12,000

Prepaid Insurance 1,530

Cash on Hand 1,120

Notes Receivable (Due 2016) 4,300

Cash in Bank 5,400

Allowance for Doubtful Accounts (1,100)

Marketable Securities (Short-term) 3,380

Accumulated Depreciation (8,700)

Accounts Receivable 15,600

Office Supplies 970

Buildings 27,200

Inventory 19,700

Required:

Prepare the current assets section of Jenkins's balance sheet at the end 2016.

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