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PERSON NEM Brief Exercise 9-3 During its first year of operations, Gavin Company had credit sales of $3,335,800 $39,900 remained in collected at yarend. The

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PERSON NEM Brief Exercise 9-3 During its first year of operations, Gavin Company had credit sales of $3,335,800 $39,900 remained in collected at yarend. The credt manager estimates that $37,200 of these receivables will become uncolectible has a las are automatically indented when amunt is entered. Do not ment manually) Prepare the current assets section of the balance sheet for Gavin Company Assume that in addition to the receivables it has cast of 95,700, inventory of 132,250, and proald insurance of $9,000 (List Current Assets in order of liquidity.) GAVIN COMPANY Balance Sheet (Partial) Current Assets Click if you would like to Show Work for this question Show Work

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