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Prepare the current assets section of the balance sheet for Pharoah Company. Assume that in addition to the receivables it has cash of $ 9

Prepare the current assets section of the balance sheet for Pharoah Company. Assume that in addition to the receivables it has cash of $

94, 400,

inventory of $

136, 800,

and prepaid insurance of $

9, 000 . (

List Current Assets in order of liquidity.

)

PHAROAHCOMPANY

Ralance Sheet

(

Partial

)

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