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Presented below are selected accounts of Toshiba Company at December 31, 2017 Inventory (finished goods) 52,000 Unearned Service Revenue Equipment Inventory (work in process) Cash

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Presented below are selected accounts of Toshiba Company at December 31, 2017 Inventory (finished goods) 52,000 Unearned Service Revenue Equipment Inventory (work in process) Cash Debt Investments (short-term)29,000 Cost of Goods Sold Notes Receivable Accounts Receivable Inventory (raw materials) Supplies Expense Licenses Additional Paid-in Capital Treasury Stock 2,100,000 40,000 161,000 207,000 60,000 18,000 88,000 22,000 90,000 253,000 34,000 37,000 12 13 The following additional information is available 1. Equipment is recorded at cost. Accumulated depreciation, computed on a straight-line basis, is $50,600 2. The notes receivable are due April 30, 2019 18 Instructions 19 Prepare the current assets section of Toshiba Company's December 31, 2017, balance sheet. List in 20 appropriate order Current Assets Section of the Balance Sheet Current assets Q1 02 3 4 Q5 Invalid Sheet

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