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Sarasota Corporations adjusted trial balance contained the following current asset accounts as of December 31, 2017: Cash $11,000; Supplies $4,700; Inventory $125,900; Allowance for Doubtful
Sarasota Corporations adjusted trial balance contained the following current asset accounts as of December 31, 2017: Cash $11,000; Supplies $4,700; Inventory $125,900; Allowance for Doubtful Accounts $8,100; Equity Investments (available-for-sale) $74,300; and Accounts Receivable $83,900. Prepare the current assets section of the balance sheet, listing the accounts in proper sequence. (List Current Assets in order of liquidity.)
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