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Marin Corporations adjusted trial balance contained the following asset accounts at December 31, 2020: Cash $7,490, Land $40,900, Patents $22,500, Accounts Receivable $95,030, Prepaid Insurance
Marin Corporations adjusted trial balance contained the following asset accounts at December 31, 2020: Cash $7,490, Land $40,900, Patents $22,500, Accounts Receivable $95,030, Prepaid Insurance $6,060, Inventory $36,200, Allowance for Doubtful Accounts $4,680, and Equity Investments (to be sold in the next quarter) $14,560. Prepare the current assets section of the balance sheet.
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