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Prepare the current assets section of tge Watson Company's balance sheet. Listed below are the balances of selected accounts of the Watson Company at the
Prepare the current assets section of tge Watson Company's balance sheet. Listed below are the balances of selected accounts of the Watson Company at the end of the current year: 6-25 Equipment Prepaid insurance Notes payable (due in 30 days) Cash Land Accounts receivable (net) Inventory Mortgage payable (due next year) Notes receivable (due in 60 days) Marketable securities (short-term) Buildings (net) Notes receivable (due in 2 years) $18,500 2,600 7,100 ,900 11,700 10,200 24,400 33,000 4,000 6,300 74,000 5,600 Required: Prepare the current assets section of the Watson Company's balance sheet
Prepare the current assets section of tge Watson Company's balance sheet.
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