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Included in the December 31 trial balance of Disney Company are the following assets. Cash Equipment (net) Prepaid insurance Raw materials $313,500 1,815,000 67,650
Included in the December 31 trial balance of Disney Company are the following assets. Cash Equipment (net) Prepaid insurance Raw materials $313,500 1,815,000 67,650 552,750 Work in process Accounts receivables (net) Patents Finished goods $330,000 660,000 181,500 280,500 Prepare the current assets section of the December 31 balance sheet. (List Current Assets in order of liquidity.)
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
16th edition
1259307417, 978-1260153132, 1260153134, 978-1259307416
