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Sheffield Corp. has collected the following information related to its December 31, 2017, balance sheet. Accounts receivable $21,500 Equipment $183,500 Accumulated depreciation-equipment 47,300 Inventory 58,000

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Sheffield Corp. has collected the following information related to its December 31, 2017, balance sheet. Accounts receivable $21,500 Equipment $183,500 Accumulated depreciation-equipment 47,300 Inventory 58,000 Cash 18,000 Supplies 8,600 Prepare the assets section of Sheffield Corp.'s balance sheet. (List current assets in order of liquidity.) Sheffield Corp. Balance Sheet (partial) Assets . . Question Attempts

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