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Question 10 Marigold Corporation's adjusted trial balance contained the following asset accounts at December 31, 2017: Cash $7,340, Land $43,700, Patents $16,000, Accounts Receivable $95,980,
Question 10 Marigold Corporation's adjusted trial balance contained the following asset accounts at December 31, 2017: Cash $7,340, Land $43,700, Patents $16,000, Accounts Receivable $95,980, Prepaid Insurance $5,670, Inventory $39,200, Allowance for Doubtful Accounts $4,720, and Equity Investments (to be sold in the next quarter) $15,220. Prepare the current assets section of the balance sheet. (List Current Assets in order of liquidity.) MARIGOLD CORPORATION Balance Sheet (Partial)
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