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Included in the December 31 trial balance of whispering Company are the following assets. Cash Equipment (net) 2,035,000 Accounts Receivables (net) 740,000 Prepaid insurance 5,850

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Included in the December 31 trial balance of whispering Company are the following assets. Cash Equipment (net) 2,035,000 Accounts Receivables (net) 740,000 Prepaid insurance 5,850 Patents Raw materials 351,500 Work in process $370,000 203,500 314,500 619,750 Finished goods Prepare the current assets section of the December 31 balance sheet. (List Current Assets in order of liquidity.) WHISPERING COMPANY Balance Sheet (Partial)

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