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Question 10 Swifty Corporations adjusted trial balance contained the following asset accounts at December 31, 2017: Cash $7,200, Land $44,500, Patents $13,000, Accounts Receivable $94,620,

Question 10 Swifty Corporations adjusted trial balance contained the following asset accounts at December 31, 2017: Cash $7,200, Land $44,500, Patents $13,000, Accounts Receivable $94,620, Prepaid Insurance $6,060, Inventory $34,900, Allowance for Doubtful Accounts $5,190, and Equity Investments (trading) $13,740. Prepare the current assets section of the balance sheet. (List Current Assets in order of liquidity.) SWIFTY CORPORATION Balance Sheet (Partial) December 31, 2017For the Year Ended December 31, 2017For the Quarter Ended December 31, 2017 Current AssetsCurrent LiabilitiesIntangible AssetsLong-term InvestmentsLong-term LiabilitiesProperty, Plant and EquipmentStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Long-term InvestmentsTotal Long-term LiabilitiesTotal Property, Plant and EquipmentTotal Stockholders' Equity $ $ Add Less : Current Assets Current Liabilities Intangible Assets Long-term Investments Long-term Liabilities Revenues Property, Plant and Equipment Stockholders' Equity Total Assets Total Current Assets Total Current Liabilities Total Intangible Assets Total Liabilities Total Liabilities and Stockholders' Equity Total Long-term Investments Total Long-term Liabilities Total Property, Plant and Equipment Total Stockholders' Equity $

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