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Included in the December 31 trial balance of Sheridan Company are the following assets. Cash $270,000 $ 256,500 1,485,000 55,350 Work in process Accounts Receivables

Included in the December 31 trial balance of Sheridan Company are the following assets. Cash $270,000 $ 256,500 1,485,000 55,350 Work in process Accounts Receivables (net) Equipment (net) Prepaid insurance 540,000 Patents 148,500 Raw materials 452,250 Finished goods 229,500 Prepare the current assets section of the December 31 balance sheet. (List Current Assets in order of liquidity) SHERIDAN COMPANY Balance Sheet (Partial)

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