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Shamreck Corporation has the fellowing accounts included in its December 31, 2017, trial balance: Accounts Receivable $113,100, Inventory $292,700, Allowance for Doubtful Accounts $8,710, Patents

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Shamreck Corporation has the fellowing accounts included in its December 31, 2017, trial balance: Accounts Receivable $113,100, Inventory $292,700, Allowance for Doubtful Accounts $8,710, Patents $72,800, Prepaid Insurance $9,880, Accounts Payable $80,500, and Cash $36,400. Brief Exercise 5-1 Prepare the current assets section of the balance sheet. (List Current Assets in order of liquldity.) SHAMROCK CORPORATION Balance Sheet (Partial) For the Year Ended December 31, 2017 Chow WWors

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