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Homework: Chapter 2 Question 3 of 17 -11 A list of financial statement items for Chin Company includes the following: accounts receivable $14,000: prepaid insurance

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Homework: Chapter 2 Question 3 of 17 -11 A list of financial statement items for Chin Company includes the following: accounts receivable $14,000: prepaid insurance $2,600; cash $10,400; supplies $3,800; and debt investments (short-term) $8,200. Prepare the current assets section of the balance sheet listing the items in the proper sequence. (List current assets in order of liquidity.) CHIN COMPANY Partial Balance Sheet $ $ PER 265

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